DW
I have had similar issues and have looked at many solutions - I rejected all of the foil products, not because they don't work (in fact I think it would not harm as an additional element in the way you have suggested installing it), but because they can interfere with aerial reception and I have loft aerials.
What I used is this stuff (it's not that cheap, but I was lucky to find a big quantity being sold as surplus on eBay - it was a fairly hilarious sight carrying it all home on top of the Land Rover roofrack, easily doubling the height...)
http://www.space-insulation.com/product ... board-eco/
I think these are branded slightly differently to the boards I have been using, which I recall was branded Polyfoam - same stuff. The blurb on the link suggests various methods of installation, but what I have done is 100mm fibreglass between the joists, then 50mm Polyfoam on top of the joists and then 18mm t&g chipboard on top - the Polyfoam just sits in place and the chipboard is screwed to the joists through the Polyfoam (ends of the Polyfoam are cut to sit on a joist, but this is not necessary with the chipboard).
It all feels very strong and overall is a good arrangement - it is more work than most people would want to put into insulating their loft.... But it was the best technical and practical solution I could find.
NB the point about the wiring is important - I have rerouted stray cables into a logical grid either running down the sides or in surface trunking, except in a few areas where this would be annoying - here I have cut a channel for a suitable sized trunking to be let into the top side of the Polyfoam - this is only for low current circuits eg a single light fitting.
I have not compared the compressive strength qualities of Kingspan etc to the Polyfoam, but if it is at least as strong, it would be a good alternative I think (although bear in mind that Kingpan comes in 8x4 sheets, whereas the polyfoam is 8x2.
Polyfoam also makes a good sacrificial cutting surface for cutting sheet materials....
Cheers