There was an article I read a while back that said spikes dont do much to isolate the sound from travelling to the ground and ground vibrations tend to be more or less the same or in some cases even worse with spikes on. I chose to go the riser route.
But instead of getting Auralex, I used the feet from these.
http://www.walmart.com/ip/Gold-s-Gym-Aerobic-Step/10910439
My wife uses the top surface without the four feet, so I just used bluetak to secure these directly onto my Velodyne's base and they are the perfect solution from what I can tell. They have really helped in my apartment.