I'm thinking of doing the same thing. My plan is to have 2x2 top & bottom plate, and 3/4" studs with lap joints into the plates. Insulate with 3/4" rigid foam, then use diagonal bracing on the inside of the wall to add stability and to hold the insulation in place. This would be a 6 piece (floor, ceiling and 4 walls) take down house. For the exterior, just house wrap, maybe skin with very light weight aluminum roll stock. Still in the thinking part of this yet.