I would not use any type of foam product...they suckout to much energy and life and dynamics
Absorption foams when used placed at optimum locations in the room will not kill dynamics but solve 1st order reflections. Benefits include less piercing highs and a more accurate and pin-point sound. Only when you use too much of those foams placed all over the place then you would lose dynamics and life.
Too many products around. If you're looking for foams, try foambymail on the cheap. If you cannot live with the aesthetics(including myself), frame them up and cover them with acoustically transparent fabric. I bet the sound improvements will be huge compared to other tweaks as the room is one of the most important component besides the equipment and placement of speakers. With the quality of your gears I believe it is worthwhile to spend more time and effort on improving the room acoustics (especially if it's a dedicated room).
If you have side walls, try absorption on the two walls in between the speakers and your listening chair. You can either use absorption or diffusion for your front and rear wall. The TV at the middle is certainly not doing any good.
Others may have different opinons or suggestions.