Trelja, you are correct that the Michael Green and the first generation Eighth Nerve products are very similar. The second generation Eighth Nerve stuff uses the same idea but is more effective. The idea behind these products is to trap the energy that goes into the corners. In order to do this the front surface reflects and the back absorbs with space around the edges to let the energy get behind. You will need to incorporate this into your DIY because without the reflective surface they will not work as intended.
Even though I'm sure they will be better than nothing, given the fact that manufacturers go through many prototypes with a wide variety of materials to finalize their designs it seems unlikely you will hit upon the most effective combination of materials and dimensions on your first try. Of course the journey is sometimes more fun than the destination so enjoy your project. It will be interesting to hear (pun intended) how well your version works.
Even though I'm sure they will be better than nothing, given the fact that manufacturers go through many prototypes with a wide variety of materials to finalize their designs it seems unlikely you will hit upon the most effective combination of materials and dimensions on your first try. Of course the journey is sometimes more fun than the destination so enjoy your project. It will be interesting to hear (pun intended) how well your version works.