Update:
I met up with a fellow AR15.com member at the range this weekend and he brought his MGI QCB upper. (Please note I have not posted his screen name- he can identify himself if he wants.) That is one nifty piece of hardware! After looking at it (read: playing around with it) I had a thoughts and a few more questions for TWL, so here goes:
Dawgs Random thoughts:
Setting up a barrel for this upper involves removing the barrel nut and the forward handguard ring. The guy who owned it recommended placing a washer in to space the front sight base forward enough, as if the FSB is flushed back on the barrel it rubs against the handguard (as the front handguard ring is no longer there to space it).
The cam sysm is STURDY. Barrel runs straight through with little play even when cams are unlocked and the bolt locks into the barrel extension of the inserted barrel. very little play, and the barrel is ROCK SOLID when the cams are locked down.
The gas tube opening in the upper is a flared slightly to help insertion and there is a cooling hole drilled right in front and above of it on the hanguard which makes it very easy to see.
Barrel cleaning is considerably easier- just remove the barrel and no more acrobatics to clean the locking lugs!
The FF tube and rails look to be carbon fiber, and rails may have a coating. Looks very easy for factory installation of longer rails or a top rail (although this would block some vent holes)
One downside- I hold the HG pretty close to the magwell and found the cam levers a bit in the way for my hold method. nothing bad, just not quite as comfortable. With an extended bottom rail and vert. grip this would not be an issue IMHO.
From what I saw, pretty much any caliber that works in a standard AR upper could be used in this with the proper barrel and bolt, i.e. 9mm, 45ACP, .22lr, etc. (TWL, please confirm this). I have a crazy idea, but I will wait until I can get the $$$ together to test it out/show it off.
Lastly, someone pointed out that expandible plastic drafting rool tubes work great for barrel tubes. Leave it to someone to tell the architect this!