After researching this, Im curious about a method called poor mans sprayfoam where foamboard is cut to size between studs and sprayfoamed around the perimeter. Aside from the labour doing the job yourself, the cost seems comparable, is one better than the other? What about the quality of the canned sprayfoam around the perimeter? When i see sprayfoam done, it is never a full depth of the studs, so you would get 2.5-3 inches in a 3.5" (2x4) wall. Any thoughts?
Spray foam’s thermal performance and advanced air and moisture control can be optimized by combining it with other insulation products like fiberglass batts or rolls, maximizing budget and meeting energy efficiency goals. Combining insulation products creates a custom solution by leveraging the functions of multiple materials to find the best mix for the project. 
In general, cantilevered steel beams are a nightmare. If part of the steel beam is in contact with exterior temperatures, then it's best if the interior portion of the steel beam is covered on all sides with insulation. This is generally impossible (because the interior portion of the cantilevered beam generally supports a load, meaning that you can't wrap the steel beam in insulation on all sides).
Closed-cell (aka two-pound foam) is denser than open-cell at about 2 pounds per cubic foot. Its R-Value is between 6-6.5 per inch. As a result, this kind of foam is much more expensive than its counterpart. The reason closed-cell doesn't need a vapor retarder is because it already has one. It's permeance is 0.8 perm, which means it can handle cold climates without the use of an additional board or drywall. Closed-cell uses hydroflurocarbons (HFCs) as part of its makeup. However, this material has been known to have a high global warming effect. If you want a green insulation solution, this is not the material to use. A way to avoid this and still use closed-cell is by installing it alongside fiberglass batts.

Spray Foam Crawl Space

Spray polyurethane foam (SPF) is a spray-applied plastic that is widely used to insulate buildings and seal cracks and gaps, making the building more energy-efficient and comfortable. SPF insulation is known to resist heat transfer extremely well, and it offers a highly effective solution in reducing unwanted air infiltration through cracks, seams, and joints.
I'm in the process of redoing my basement and read through the posts. I took out one inch styrofoam covered by 1/4 " beadboard and installed 2X4s and plan on putting in fiberglass batts between them(r-13) with 1/2 in drywall over top of that. Do you think I will see a significat increase in heat control? Should I have done more?... it's a little after the fact, but still curious to know if I will see a big difference based on your experience.

There are two main types of spray foam to consider: open-cell and closed-cell. Open-cell spray foam has a lower R-value per inch and because of this, typically a lower price tag. The soft, low-density material is used for interior applications. Its high permeability allows for moisture to pass through, which contributes to bi-directional drying of the assembly, but it may not be ideal for all applications or climates. 
If you’re not familiar, spray foam is a type of insulation that expands after you spray. The foam expands and seals, avoiding any type of unnecessary moisture (which can create mold) or encouraging pests to eat through your walls. It protects the lining of your house, and even can protect the heating and cooling of your house during those unbearably cold or hot days.
Spray foam insulation, when properly installed is both an air barrier and when closed cell foam is used at the proper depth a vapor barrier!  Before hiring any contractor you should establish the brand of foam being used and verify that with the named manufacture.  Please ask for ESR reports and MSDS sheets on any foam being installed in your home. A couple areas where you might consider spray foam insulation include:

Where Can I Buy Closed Cell Spray Foam