Hmmm, well, see, the thing is: In a recording environment, you try to avoid structures that will cause too much reverberation, or reverberations of short times. Most of us have relatively small rooms which have inherently small reverberation times. So we deaden them, to eliminate those short reverb times.
Other thing that can be done structurally, is to eliminate parallel walls, which cause some nasty reverberations. But a cylinder, you see is INFINATELY parallel. Not a good thing for a recording environment at all. Imagine hollering down a well. The cylinder idea would make it sound like, well, like you were hollering down a well. Even if you tried to deaden the cylinder, it's still going to sound like a well, or maybe a megaphone.
If your looking for inexpensive isolation, try making a simple frame out of PVC piping, say 42"x42", hang it from the ceiling, and drape blankets over it. That'll work much better.