There's a reason that the military has standards. It doesn't take any hair on your chest at all to blow thru a combat load too quickly, run out of ammo, and overheat the weapon. All it takes is shoddy training and adrenaline.
Let's not forget that 90% of the service is NOT combat arms, so the little finesse points of actually using the M-series weapons are sometimes lost in translation or lack of focus getting the daily paperwork done.
12 - 15 rounds per minute is three seconds a shot. The environment would have to be highly rich in stupidity to provide that many targets, it could happen, but it's not often or likely. When it does, the machine guns are the appropriate weapons to use, and are often at hand. The combat rifle/carbine, not so much.
If you are firing it so fast it gets too hot to handle - fail. You are no longer combat effective, you are now a weak link in the line, and you are letting your team mates down in a lethal situation. You don't need hair on your chest to shoot the M16, you need a steady pace and enough ammo to be the winner.
"My handguards are too hot" = not using the weapon correctly for combat. What you do shooting piles of dirt is your business, but its unrelated.