I went a head and pulled the trigger on purchasing a LMT railed M203 receiver from a dealer. Really liked the machining and ability to mount it onto a Daniel Defense RIS2 railed Mk 18 shorty AR or even a H&K MR556 or MR762 if I get enough funds. Rail seems more versatile for the rifles I want to have and the pistol grip stand a lone set seems to be even better.
I plan on cutting some Kydex and making my own MOLLE holster for a stand a lone. I think it would be cool if I can find a sight that I like. Just waiting on the Form1 is a pain.
From checking other posts and online I found some ideas.
Here are some pictures I nabbed.
Here is the R&M Manufacturing stand a lone patent picture. Seems like a nice set up and if the Isreali unit allowed you to change pistol grips I would be all over it, even though it doesnt mount a railed M203
This is a picture from a Auction for a Pennsylvania dealer who had a bunch of old Colt stuff. This is a incomplete M203 pistol grip that used a rod under the issue handguards, but it would also look cool with a free floating rail like the URX or Daniel Defense RIS. Maybe a base for a 1913 rail system, and you could use one of the side folder adapters - but make it fold to the right side like the R/M unit