Alton and others-
I have taken measurements of the R-value of room-darkening, double-cell cellular shades with side seals, and found them to provide an R-value of 2.0 (ft
2-degF-hr/Btu) at about 20 F, so a considerable improvement over windows without window coverings. However, dropping the side seals reduces the R-value by more than a factor of two, so most window coverings would likely be less than R-1. Wood blinds would presumably have convection both around the edges and between the slats, as well as significant conduction through the thin wood slats.
(These R-values are much lower than what is advertised, but there seem to be no standards for measuring R-values for shades.)
Lee Dodge
http://www.ResidentialEnergyLaboratory.comin a net-zero source energy modified production home