It's what we all took to Canada - you can get away with the lighter stuff if it's just for a night or 2. If you're planning on making it a week or more go for the thicker stuff. I went for the "Medium heavy duty low density" 3.6m x 3.6m one for my one man shelter. It's heavier to carry - but that's a trade off you have to make based on your requirements.
And it's Bikething by the way - Biker's got a lot less hair
Space blankets can be got from the pound shop - If anything the thin ones have a better mirror effect to bounce those IR rays about than the thicker, but slightly matt finish ones like the AMK sheets. Lots of little ones overlapped will work just as well as one big one.
The polythene, on the other hand has to be a continuous sheet to form the 'bubble' that traps the warm air. A hole the size of a pencil would seriously reduce the effectiveness so make sure there are no sharp sticks pointing outwards from the frame before you put the polythene over. Your sleeping platform needs to be above any gaps / joins for maximum effect. This can make it tricky getting in and out if you go for a front entry and build it too close to the fire.
on the first night we built what we thought was a reasonable fire, with 4 shelters surrounding it to maximise heat useage v firewood gathering. It was so hot between the fire and the shelters that 2 of us were stood outside of the ring of shelters in our t-shirts waiting for the fire to die down a bit
. This was at about -15 degrees