I did not use the quietrock sheets in my room, but did use the safe n' sound insulation in between the walls and double drywall. It is very quiet outside the room but would not contain 120 db levels. I used to play drums for a living, and still play, and it would be hard to completely insulate that kind of vibration from leeking out of a room without building a 'room inside a room'. I also agree with Bjesien that you have to be careful about vapour barriers on outside walls. More important is the issue of heat buildup inside the room. You would need more than just a heat run to the room. You would need at minimum a cold air return as well and it would be critical that these were dealt with so that the sound would not be leaking through the ducts into the rest of the home, no matter how well the rest of your room was insulated. No sense in having a beautiful quiet room that is too hot to be in. You could build a 'hushbox' for these. There used to be good ideas on the 'www.hometheaterbuilder.com' website, as well as 'mufflers' you can buy already made to insert between ductwork pipes.
I built a room approx. 11' x 18', did all the work myself including the ductwork and electrical etc., and spent about five thousand dollars on materials. That did include a riser (insulated and ported) with several layers of plywood for the second row of seats though. Good luck!