OK, I did get some material and talked to the audio guys at Cascade Audio. They recommended something called
VB 4. I think its the same type stuff someone on the forum is using to make a barrier commercially, but his says its 1/2 inch thick, so he's added something. They sell a precut piece big enough for the entire rear deck, down the angle in front of the engine and 4" under the seat slides. They said I should try it under the carpet, which I did. They also said the stick-on damping would add maybe 10% better results, and I had some left so I did that too. That was the hard part. It has to fill the cracks and stick tight...its a pain. The actual mat stuff was easy.
I got very good results. I cant measure, but all I know is it made the noise from the performance exhaust much more subdued when the windows are up. Its still louder than stock, but now it just sounds good, not annoying.
If I had it to do over, or if I were to advise you...I would consider the premade mat that the forum guy is making. It will cost twice as much, but would cut sound as well, I'm sure (I wouldn't have done the ""fatmat" part if I didn't already have some...just go with the "lay on" foam and vinyl mass loading layer).
I like to DIY, and enjoy taking the Smart apart and doing things, but I would have spent less overall if I'd bought his and spent a little OT at work (where it's got AC!!).
Either way, I feel it was time and money well spent, as the only mods I wanted for the car were a killer stereo, and exhaust/intake upgrades. Now the performance mods don't degrade the stereo sound.
I love my car!