For anyone who has not watched the Best of Dean Collins lighting dvds, I cannot recommend them highly enough. Here is a preview video:
Order them here.
Even just the two preview videos can teach a ton. Sadly the lightform brand is no longer sold, so I was hunting around for what the most equal equivalent is. It seems that Calumet's light panels are the most similar, but made out of aluminum rather than PVC. Since there is a Calumet in Dusseldorf, I purchased 2 frames, 2 diffusion fabrics, and 2 clamps. I plan to make my own black/silver version, but fabric store white fabric can introduce unwanted color casts, so I wanted to purchase the official diffusion fabrics, which were also the cheapest. The photos online aren't so great, and I couldn't find any reviews, so this is serving to show how the system works with closeups.
Panel frame itself:



It's made out of thin aluminum tubes, very lightweight, the whole thing probably weighs less than 2kg. It has a shock cord running through it, and square indents that keep it from being able to twist, which adds extra rigidity. It does not flex in the middle like the PVC versions. You can assemble it just like the frames in the Dean Collins videos, but they don't shake together quite as easy. Maybe after some more usage, but it's easy enough.
The Clamp:




The clamp is identical to the one in the videos, with the added benefit of having a clamp that really holds onto the tube. It can be clamped to almost any tubular surface, it rotates, and the middle T-bar can be screwed tight to the holder to clamp the angle tight, not allowing the frame to rotate. One alone is not sturdy enough to hold the frame from the side, but if you clamp it to the top of the frame, you can hang it and it's secure. It's more likely to use two, one on each side of the frame.
The diffusion fabric:





It doesn't completely even the light, as you can see when the panel is severely under exposed, but I haven't found it to affect illumination of the subjects at all. If you photograph it so that the flash isn't directly visible, as in the 2nd image, you get a fairly even soft white light. I also bought the double clips, and can clip both of them together, with diffusion panels on both, for a giant 2x2 meter wall of soft light. Unless the flash is positioned perfectly, you cannot see the light leaking between the two panels, meaning you never have to worry about a line of undiffused light shining through when using them clipped together. The fourth photo shows the panel from the flash side, showing that while the material is thin, it can be used as a reflector, no real need to buy the white fabric panel. I plan to make a double sided black/silver panel, and I would put the silver side on the other of the white, for a more efficient bounce. The 5th final image shows a real white reflector to show the difference in bounce efficiency. The real white fabric would most likely be more reflective, but it's quite expensive, and only comes with either gold or silver on the opposite side. If they made a double sided black/white I might have bought it.
Examples:



The two panels together give incredible soft light, in fact I have a 2x2 meter window in this same room, and the lighting is near identical in terms of it's directionality and softness. Now I can reproduce it at will at any time of day.

Even when I backed the subject up quite far, these panels are so large they still produce quite soft light. this is probably 3 meters from the panels.

This was a quick test to see how they would work as reflectors. Obviously the harsh bare flash is not flattering on the subject, but you can see a nice bit of bounce filling in the shadows, especially on the side of his temples.


These last two show how reflections are treated. Even with the hot spot, it seems to reflect as a solid white surface, which is great for revealing shape, and the large size keeps it from blowing out to a pure white highlight.
Use this link to show the different products from the Calumet panel line. I bought the large 107x198 cm panels, and the white diffusion that goes with it, plus two clamps, but they have kits as well.
The main problem I have now is not having barndoors that fit the quadra reflector. I intend to look around a bit, and even try a DIY solution I have cooking. Barndoors enable to you keep the light only to the diffusion panels, rather than spilling past to a background or the ceiling.