Altec used fiberglass and, at some point, covered it with a black mesh cloth (probably to improve cosmetics). The blue-jean material and acoustic foam appear to be excellent product but probably don't improve over fiberglass in great order for the purpose. I would save my money on those products and use fiberglass. There could also be a problem of over-damping the cabinet if too much esoteric foam is used.
If you can get ahold of some, sheet fiberglass, sold as Owens Corning 303, is one of the better acoustic products, IMO. It is easy to install and the fibers tend to hold together better than batt fiberglass. If using glass, I would definitely cover the lot with a mesh cloth as even the hint of fiberglass particles floating around is not a good thing.
FWIW, I used R-13 for my MLTL cabinets and will be removing some of it because I think the cabinet is actually over-stuffed. The 416 is one great woofer and it is a little bit of art to get it to be all that it can be in relationship to the cabinet. If it was me, I'd start with the Altec-based process and use fiberglass to see if the presentation is to your liking and experiment from there. When , or if, you get an inkling to really improve upon the Model 19 cabinet, give me a shout. The MLTL cabinets really make the 416 shine but there is a trade-off....size.