Stick Wall Construction?

So I believe I have decided on 2"X2" square for my framing, now to figuer out the walls. I definately want them to be insulated so I am going to go with stick wall construction. I think 1/4" ply on either side should be sufficient with 3/4" framing. I plan to have the outside skin sit on the frame and have the subfloor frame and flooring inset 1/4" from the edge of the frame. That way I can attach the outer skin into the subfloor frame and also sitting on top of the steel. I also plan to have a 3/4" bottom plate that is either screwed dirrectly down into the floor or attached with pocket screws. This will be glued and screwed to the outside skin and act as a cleat to hold the wall and floor together. I'll probably go with 1/2" flooring though I put 3/4" in the drawings. How thick should the framing for the sub-floor be? 2X4's seem like they would be heavy, though I do want to be able to remove the "cabin" to use the frame as a utility trailer. Here are some Sketchup drawings I did:


