So is that a bunch of bull or do moving blankets really help with soundproofing
When you say "help" with soundproofing, it depends on what you are trying to do. You have to understand what "soundproof" really means. In reality, there is no such thing as "soundproof". Only degrees of "transmission loss", which can vary depending on frequency. If the room envelope "transmission loss" is what you are trying to improve, then no, they won't help very much. Only mass and decoupled assemblies such as adding layers of drywall or decoupled assemblies, such as building a room within a room. You could add resiliant channel to the existing structure, by either removing the existing drywall or cutting holes in it before adding drywall to the RC. But stratagies such as this must address a host of issues beforehand. Such as HVAC, door jambs/ existing floor composite assemby etc.
If you are using them as gobos, well, again, it depends. If they are hung at a hieght that allows impact noise to escape over the top, then no, they won't help much either. If multiple layers are used, floor to ceiling they might reduce some impact, and mid to high frequencies but will do very little for bass drum. And if you are trying to isolate drum mics from other mics in the room, it also depends on proximity, type of mics outside of the enclosure, decoupling mic stands and or the drums from the floor, or using mic isolators. You need to attack all the sources of transmission to be successful. Again, if you are trying to "soundproof" the room from adjacent rooms or neighbors, then no, blankets will do very little. Especially if the floor is a framed wood assembly, or if it is on a second floor. And if the neighbors/rooms are above.
One thing that will help these blankets when used as gobos, is to build frames and fasten a panel of 3/4" MDF, and hang the blankets on one side. But again, there is a definite limitation to their effectiveness. Or...you could add a layer of lead.
As far as acoustics, then yes, they can help with reflections off adjacent boundarys. If you hang them in patchwork fashion, about an inch or two from the wall, and hang some on a framework or directly against the ceiling, they will help with higher frequency reflections and give a bit of diffusion as well. But as broadband absorption...well, in my opinion....no.
Unless you were to use MANY layers with airgaps between. And there is no way of guessing how well they work. Thats why rigid fiberglass products are recommended for absorption panels...because they are TESTED in a lab, and given an "absorption coeffecient" at various frequency bandwidths, usually dropping off drastically on the low end. And it also depends on thickness. It also depends on the user's ear, his subjective approval of the end result, or how much a neighbor will take.
(in the case of "soundproofing")
fitZ