From my limited knowledge of things, I understand that mid/high freq absorbers spaced from the wall will help with bass frequencies as well.
Here is a pic of a panel box I designed. It will house two 2' x 4' panels to make a 4' x 4' panel with a 2" thick piece of rock wool or OC 503. I'm planning on using this to the left and right of my mixing position. I have it angled to give it a variable distance from the wall from top to bottom. The top is open to allow for equalization of pressure waves (not sure if I should enclose it all the way or not though...thoughts there?).
Tell me if I'm totally off on this design....
External image, not preserved — original: http://www.davidadamsmusic.com/images/mid-high-panel2.png