OK, better! Your soffits and room geometry are making more sense now, but you still seem to be missing the point on a couple of things.Updated design.
The hangers in the front corners are pointless. They are behind the speaker soffit, and behind the slot walls. Room sound has no way of getting to them, and therefore they will have no effect on the room. You don't need them, and they aren't doing anything useful.
Related to that is the large "box" on the back of your speaker soffit panels: It also isn't doing anything for you. Yes, one approach to a speaker soffit is to have a box around the speaker itself, but if you do that then it needs to be a tight fit. In your case, you have a large empty air gap around the speaker, inside the box. So you can either tighten up the box, or lose it.
Once you have done that, then fill the entire space behind the soffit panel with insulation: it acts as a damper inside the soffit, much like the insulation inside your speaker itself. You do not want that cavity to resonate! It needs to be damped, but with insulation, not hangers.
Yes, you can use hangers as part of your soffit, but do it like John does: Below the speaker, behind the soffit panel, in a sealed box that is only open to the room, through a large opening down near the floor.
Two more points on the soffits: the area between the soffits is fine for mounting a flat panel. No problem with that! But you should also decide whether you are going to make that front center panel hard or soft: reflective or absorptive. Personally, I think absorption makes more sense in a small room, but if you want to make it reflective, think carefully about how to do that without causing yourself reflections of the front wall, and comb filtering...
Next, your slot walls: need to get rid of part of that slot wall, right where the first reflection points are, since those need to be treated with deep insulation.
Regarding your question on the shelves: I don't think it would be a problem to have shelves in front of the rear side absorbers, as long as you don't clutter them and stack them with too much stuff! Shelves with small items on the, like mics and headphones, should not be a problem, I reckon. But I wouldn't store large boxes and things like that on them!
- Stuart -