1) The Lower was made by Oly, then converted by Frankford to full auto. There are a handful of companies that converted Oly lowers back in the day.
2) cast lowers are easy to spot, EA are the most well known cast lower and a five away is raised lettering. Forged lowers will always have letters stamped into the receiver.
3) yes, Oly arms lowers are notorious for being out of spec. They were cheaper than colts for a reason. This was the 1970s and 80s not everyone and their brother had a CNC milling machine that used 3D AutoCAD to produce Lowers with accuracies down to a fraction of a hair. The spec issues vary greatly from pins that are a little snug to lowers that will not accept modern mil spec uppers.
4) FWIW I have a Oly/Frankford RR. I could not get uppers to close on it. I sent it off to USAnodozing, they milled down the upper shelf and rear radius, they also removed excess aluminum sticking out from the lower that was left over from the forging process, polished out some scratches, stripped it then re anodized it. It now fits all mill spec uppers with easy, and looks like a brand new lower right off the factory line. Cost around $500 round trip including shipping back in 2014.
5) can’t speak for belt fed, the MCR is in my bucket list but I have heard they are rough on lowers but can’t confirm that first hand.
6) if you are really worried about the durability of the lower and are making it a dedicated belt fed lower you might want to look into a RDIAS or RLL, as it would allow you to use custom lowers with a high cut mag well. The 100 round but sack hangs pretty low below the mag well and then 200 round box is basically unusable in the prone position unless you put extensions on your bipod.