Having used Foam It Green closed cell insulation in my house had having seen open cell used in my another house, my immediate response was going to be closed cell but I'm biased seeing the differences between the 2 applications. I'm a closed cell individual all the way but I'll let the following link provide the reasoning why closed cell is the best way to go for your application needs.
INSULATING A RAISED FLOORHope this helps convince you to go with closed cell for you application.