the RIS II is a great rail. I went with it for the following reasons.
1) It feels solid and durable.
2) Its the key component to making/calling a SBR a MK18, without it you just have a random SBR.
3) I like the shape and profile of it, feels more circular than some rails which are taller than they are wide.
What I don't like about it
1) it's expensive, but I watched on EE and found a black one for $250
2) it's 3-5 oz heavier than most of the modern light weight rails.
With that being said I highly rcommend it.
There are many places to reduce a rifles weight, and light weight is pretty much out of the picture if you are running a 16"+ rifle with large optics so to worry about a few oz on your rail is stupid when you have a 2 lb scope, 1 lb bipod, 1/2 lb stock, 5lb beta mag, etc....
As for cost if you can't afford it go with a light weight rail from MI, or just suck it up and realize firearms are expensive, buy once cry once or whatever they say. I can remember being in college and worrying about paying $20 more to get the chrome slide on the $250 pistol I bought (btw it was a piece of crap) now I drop thousands on custom made suppressors, MGs, Etc... I know everyone's financial situation is different but to worry about $100 price difference on a rail is silly, and if someone financial situation is that tight they prob shouldn't be building AR15
When putting together a firearm these are my criteria from most to least important.
Function
Weight
Style
Price