The M16 has more issues with the barrel sling swivel attached to the gas block. It's why they invented free float tubes a long time ago and use them in Service Rifle matches. Unfortunately they are steel not aluminum or I would have used one in a dissipator build.
As for the upper to lower play, o rings can muffle that more easily and cheaper, along with ear plugs. The OP was simply responding to a "how to do it" with a knowledgeable answer, but it goes to just because you can doesn't mean you should.
Noise in the field is a much larger problem - and starts with the feet. Knowing how to step making the least amount of noise possible when stalking is one thing, but if your scent is working with the wind, it's still a fail. Rattling and weapons noise isn't automatically a bad sign - I hunt an area where horsebackers and quail gunners frequent, the deer ignore doors slamming or actions getting cocked because they hear it frequently and there is no corresponding danger. They simply stay alert which they do 24/7/365 anyway.
I worry a lot less about my upper and lower fit than my big feet trashing thru the woods after 6 hours of still hunting in dense leaf fall, my scent from lunch on my breath, and the sound of my clothing against itself or brush moving thru it. It also goes to flipping off the safety - I've heard more justification over silencing it as deer tend to react to that sound more. Much less a sling swivel hitting the stock or a stick under foot giving way at the wrong moment.
We think gun centric in gun forums but the reality is there are a lot more things to consider silencing the noise of a hunter struggling thru dense underbrush or shifting his weight in a deer stand or blind - much less the scent issues, etc.