I'll be heading out to Maine here in a few weeks to take one of
Shelter's Post & Beam classes, and I'd say they are generally a good source of information. I'll try to
answer your questions, but take note it's a huge
it depends. The timber frame is just the structural piece of a building and what you do after that has tremendous effect on its strength and insulation.
On strength: Oh boy, strength is one of my least favorite words in construction. Buildings never fail in strength. They fail in deflection. A wooden beam doesn't crush (strength), it splinters apart (deflection). The way that most buildings fail is in shear — kind of like pushing sideways on a house until the lumber deflects and splinters apart. Pat described using SIPs (Structurally Insulated Panels) for strength, which gives you two layers of shear walls (the OSB on either side of the insulation). This is double the shear walls that a traditional stick framed building has. That being said: you can easily have a traditionally framed house built with extra shearing support, or add in steel/concrete moment frames, etc, etc.
On insulation: The big win he's talking about here is using SIPs and having a perfectly uniform building envelope. In other words: >90% of the envelope is made of insulation (styrofoam). The R-value of styrofoam is about 5 per inch, while lumber is only about 1.5 per inch. In a traditionally framed building I believe the building envelope is about 25% lumber, 25% windows, and 50% cavity (insulation). In a SIP building, it's around 5% lumber, 25% windows, and 70% cavity (insulation). When you calculate the effective insulation of a building, you have to multiply the R-value of all your materials in the envelope. So a traditionally framed house would be something like 25% * 1.5 * 6 (2x6 construction) + 50%*5*6 = R-17.25. A SIP house would be 5%*1.5*6 + 70%*5*6 = R-21.5. In practice it's a little more complicated than that, but the overall theme is that when lumber is part of your building envelope (traditional framing), you will lose a lot of insulating power. You're also going to have a
much better air seal in a SIP house since there are fewer gaps to fill.
Now back to the whole it depends angle: there are tons of ways to get these same benefits in traditional framing. One easy way is to pull the studs inside the building envelope just like a timber frame. This is usually called a
Perfect Wall.
I was wondering, would taking the time to glue up conventional studs into posts be an option? After all, lumber companies make glue-laminated beams all the time, so...?
You're going to need a jointer, a planer, and so many clamps you're going to want to jump off a cliff. You're better off purchasing engineered lumber like LSLs and LVLs if you want to go down that route. You can definitely screw multiple 2x4s together to make up a post to bear load, but you won't be able to use these in a timber frame engineered house since the members need to be solid to handle the bending forces.