I just wanted to give a big thanks to mrspeakers, maverickronin, and all the other people who have contributed to this thread. This was my first DIY audio project and I am extremely happy with the results. The bass is tight and plentiful, but with fantastic detail and clarity in the upper mids and top end. I am hearing elements of songs I had never heard before. So after sifting thru all these posts I ended up using the Rastapants technique and I am just put the finishing touches on my T50RPs that I am affectionately calling the Ninjapants (all black Rastapants). I just put felt over the driver in the earcup to cut some of the bite out of the highs as I was feeling some ear fatigue after a 5-6 hour session at work.
Here is what it really boiled down to for me:
Materials:
Fostex T50Rps - $74 at B&H Photo
modeling clay and felt (all black for stealth purposes) - $6 at Micheals
Shure 840 earpads - $20 at B&H Photo
Asaka Paxmate - $20 at SideWinder Computers (thanks for the link maverickronin)
misc - small screw driver, rubber cement, putty knife, and the intestinal fortitude to open a brand new pair of headphones and start scraping tape and felt off the driver and earcups.
Cost = $120 and a few hours of tinkering for some awesome sounding headphones.
Here is what I ended up with (really just a reiteration of what mrspeaker did, but it may save a newcomer some digging):
1. take the headband off with the two large screws, much easier to work with
2. take the pads off and scrape the felt off the face of the earcup
3. remove tiny screws and take baffle off
4. scrape off the white tape on the back of the driver (this did not come off easy for me and was the point where i fully committed to the process)
5. fill in the baffle with the modeling clay
6. line the interior of the cup with the paxmate and yank the stock felt from the vent
7. cut and place your felt over the back of the driver and the vent using a very small amount of the rubber cement, I used super tiny dabs of Barges cement on the corners of the felt
8. reassemble, keeping the red dot on the driver pointing down
9. line the face of the earcup around the driver with paxmate
10. cut and place a piece of felt over the front of the driver
11. the last and what turned out to be the most important step for me was to tune the port of your cups with electrical tape on the outside, you could start with 75% and reduce for additional bass as mrspeaker has recommended.
This tuning was really the key for me because after all the mods the bass was awesome but the voices sounded distant. Then i put the tape on and it moved the vocals right up in front of me, amazing. And now for some crappy IPhone pics (sorry, couldn't find my camera).
All black ninja style, btw black modeling clay stains your hands.
Not the best Paxmate work, but seems to do the trick.
Just added that last piece of felt and loving it.
Finished product with the shure pads, they are a tight fit but worth the effort, very comfy.
Thanks to all, I love these headphones.