Insulating boiler pipes

My boiler room is a lot warmer than it needs to be. Would there be any benefit to insulating those short little pieces of pipe leading out of the boiler? There are so many joins and bends that it will be hard to get much coverage. The long runs still have the original asbestos insulation.

http://www.buyinsulationproductstore.com/Fiberglass-Pipe-Insulation-SSL-ASJ/

I think the retail store for that website is called Metro Supply in Woodland Park. I called in a larger order several years back and picked it up from them.

we did ours. Basement got colder, but saved on heating.