Well....... According to the California Energy Commision......
http://www.consumerenergycenter.org/home/construction/insulation.html
"You can greatly increase the energy efficiency and comfort of a home by installing insulation with an R-value higher than the minimum requirements. But to truly enjoy the benefits of insulation, it must be installed correctly. Compressing it or leaving gaps through which air can flow can cut insulation's effectiveness by as much as 50 percent."
I think this is going to be a highly debated topic. Apparently R19 wall insulation is rated at a 6 1/2" deep cavity...... Hmmmm we use 2x6's which are only 5 1/2" deep! That lowers your R19 to about R18 instantly!
What Is most important is that fiberglass must touch all 6 surfaces of the cavity it is applied into. You lose contact on only one side and the ability to insulates drops dramatically.
For something as minor as a garage, anything is better than nothing..... Stuff it in, the sun will still rise tomorrow, just stuff it in properly (within the parameters of using the improper material at the get go!)
Dave