I considered going down this path also, but decided that because of the shrinkage and because the installers are essentially working "blind" when they install spray foam insulation, that I'd rather rip down all the gib and install insulation myself.
The advantage was I could close up every single little gap, and install conduits for extra power points and network outlets.
The disadvantage is a lot of mess to deal with, and a big job re-gibbing.
