Yes I have actually. Have you heard of attractive packaging so the insulation doesn't look a big ball of Batts stuck to the bottom of the bike?
These kinds of projects look feasible but you should always start by estimating the cost, doubling it, multipling by the nearest factor of 7 to your age and then only starting the project if you have sacrificed a family member to Loki, the Moon, Venus, Mercury, and Mars are in a conjunction, and it's Autumn so you have 6 months of dodgy weather ahead and you won't miss too much riding while you're in hospital recovering from lower limb injuries caused by your imploding wallet.
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