Congrats on setting up a studio!
Be forewarned - the "two rooms with an arch/partial wall between them" can be tricky to do well.
Nifty9993So which is the most important acoustic treatment wall?
Immediately behind the speakers or the first reflection points on the left and right?
Yes! That is, both are important, unless you are doing some kind of "non-environment" design, in which case maybe neither??
Nifty9993At the end of the day it's always going to be a compromise but I'm interested to hear your thoughts.
It doesn't have to be! And it doesn't have to cost a fortune! You can build a room that works well in a lot of different spaces. An 8 foot on a side cube will present some real challenges - but so too will a 5000 sq ft space with 10 foot ceilings that just happens to be located 10 feet from a busy rail line. There are challenges everywhere<G>!
Do yourself a favor and buy an hour or two of time from a studio designer. You'll only have to build/treat once, and you'll save time and money. OR, if you are the curious type spend some time studying. This isn't rocket science, it is basic physics, and if you can play an instrument well you can learn what you need. The necessary test equipment has becomes so inexpensive it is scary and depressing that I spent more on a measurement microphone than I did on almost all of my studio microphones.
Good luck...