I did a 13-1/2 inch radius with 2 layers of 3/4 thick foam kerfed. If I had it to do over I would have done one layer of 1-1/2 thk foam kerfed. Kerfs are easy, especially with a good table saw. The more frequent your kerfs, the less segmented the final surface will be. Sanding the segment "humps" is not that difficult, especially if you have plenty of segments.
I know the popular concept is to do the math, use the formula and make your kerf spacing exactly so that when formed the kerfs close up, but I found that would result in fewer segments and a more humpy looking curve (plus it made setting the rip fence for each incremental cut much more tedious), so I took the 'no calculation' method and just spaced them every inch over tighter curves.
Don't be tempted to cut the kerfs too deep, leave a good 1/4 inch or more; you won't have to sand any where near that much to fair the segments; it takes very little sanding to blend.
You could argue that the extra kerfs result in more air gaps and lost insulation. I figure that once the ends are sealed the voids become trapped air anyway (

) so they are still adding insulation value, and if 1-1/2 inches of insulation isn't enough, snuggle up with your partner, wear extra clothes and/or add another blanket.