No two people have the same method on basement insulation. I've been researching it for two years...
This is bar-none the best article I've found on the subject:
http://www.buildingscience.com/docum...ent-insulation
I plan on using the closed cell spray foam method.
bscinfo_511_figure_04.jpg
Read the discussion on convected air, condensation, and mold potential.
Hope this helps.
BTW... I wanted to use Dry-Lok but the experts abandon it, and any other paint-on product, out of hand...