Reply by fivecodys

Hi Chuck,
I have the same situation as you. I spoke with an insulation company and they said that the blown in insulation is marginal because they can never really get the stud bays full due to electrical wires, screws we have put into the wall and dealing with the fire blocking. This was just one company so take that into consideration.
If I were to strip off the drywall, I would not replace it with drywall. I think I would use plywood. Then I could mount things wherever I wanted.
I’m not sure how the fire marshal feels about that though. :)

Please let us know what you decide to do

-- A bad day woodworking is still better than a good day working.