The shortest effective barrel length is 10.5". That's been the standard since 1966 when the first SBR's were adopted by the military (ironically before the M16 was approved for use across the board.)
Barrel length study: http://www.sadefensejournal.com/wp/?p=1093
If an SBR is the end goal keep in mind that many still keep a pistol lower handy, because some states don't allow SBR's, or their ATF approval isn't in hand to travel across a state line, or because they prefer to keep the weapon useful under CCW oriented aspects of the law where some rifle legalities are actually more restrictive. Then there is the sporting aspects - I've been hunting with an AR pistol during this years firearm's season and can also use it in the Alternate season where rifle caliber pistols are legal - but a stocked firearm is not.
The suppressor is a separate issue, which typically runs a minimum of $1000 for it, the Stamp, Trust, etc. A pair of amplified electronic ear muffs silence all the guns around you, and let you hear conversations. Plus - suppressors aren't really considered hearing safe, and many manufacturers still recommend some kind of hearing protection. For all the money spent you still wind up with electronic ear pro - which is exactly what the professionals wear with the commz piped in, too. What does the suppressor do for them, then? It protects other team members from muzzle blast and helps misdirect those being shot at - both activities are team and LEO based. For the average owner, not so much.
I don't usually go to this length to explain but - it's the Pistol forum, not the NFA arms forum. I don't go there, but it's a matter of equal time.
That leaves the Brace - I leave it to say that an SBR or Pistol still has the same range application - short, and definitely minute of man. The intent is to get a hit, not quibble over fractions of an inch in group size or post cherry picked three shot targets. For the bulk of us, it someone can't hit a life sized torso at 21 feet with an AR pistol, I would suspect they couldn't hit that target with a SIG, GLOCK, or 1911 either. And 9mm or .45 from those would definitely be much less effective, which is why the AR pistol is chosen.
If the intent is to go SBR, fine, but the only mechanical difference between it and an AR pistol would be actually installing a stock on a buffer tube. Everything forward can be identical and the round going down range will have the exact same ballistic result. All we are really dealing with is an arbitrary political restriction imposed by a previous generation of anti gun activists. With that in mind, rather than let them milk the public for fees and control their use, keeping the AR pistol a pistol is turning out to be the better choice. Nobody wrote the laws with it in mind, and they didn't anticipate we'd fight back and restore our CCW rights as much as we have. In MO you can carry the pistol loaded in the front seat concealed - a rifle has to be unloaded in the trunk, where it would be a lot less useful. It's a moot legal point, nobody's suggesting firing the weapon from inside a car- but if you did, it would make zero difference.
It's just a bullet laucher, set it up the way you like. Keep in mind that for the money, some options don't return much at all - if anything, they were intended as a punitive restriction to prevent ownership. Didn't happen that way, tho. Pistols can be built and run reliably for under $600.