The Tenko 10-16 is an adapter. It is not a made from scratch firearm. Does it look funky? I think so. Will a Tenko adapted Mac style RR be as ergonomic as a M16? No. To me this is about price versus function. Before I bought my first machinegun, I was into ARs. I like the idea of quickly changing calibers or just putting on a fresh barrel instead of pounding mag after mag through a hot barrel. With the Tenko adapter a Mac style RR has the basic function of a M16 RR. Market value of a M16 RR conversion is in the upper teens. An M10 is in the $6,000 to $7,000 range. Certainly if you can afford a M16 RR, that is the way to go. If a buyer can come up with only half the market value of the M16, but wants to charge barrels or calibers with AR uppers, then I think that the Tenko adapter is a viable alternative.
The basic Tenko adapter kit includes the adapter, to convert a M10 RR to function with standard AR-15/M16 upper receivers with a full auto profile carrier. The kit also includes a 2H buffer and spring system from an off the shelf AR PDW buffering system. This system has 1,H, 2H, 3H, PWS piston system, and heavy tungsten pistol caliber buffers available. There are also another system that will work but is more expensive.
The kit also includes a stock adapter compatible with the ACE/Lage stock system. The buffer bares on the inside of the back of the M10 receiver. No hole in the receiver is required for function. I don't know what kind of a stock each buyer would want. I can not afford to compete with Midway, or Brownell's or PSA, etc.
The same can be said for uppers. So far we have shot, .22lr, 9mm in Colt style blowback, CMMG RDB, and belt fed, 5.56X45 both DI and short stroke piston, 6.5 Grendel, 7.62x39, and a belt fed Shrike upper. Basically any caliber that uses a standard AR magwell. There is also such a huge variation in price and quality. There is everything from a $250 PSA upper to a $3,500 HK 416 upper. There is no way I could even start to be able to stock what might be used. It is my understanding that Practical Solutions (our exclusive retailer) plan to have a complete package including upper and stock. Pricing will be up to them.
I am sure that the other manufacturers of the other products listed can speak to the finer points of their designs. My understanding is the Max-15 series, the UltiMac, and the Fat-47 are all open bolt upper receivers based on the AR-15/M16 mechanism. There are some breakdown AR rifle system kits that would allow barrel changes without a vice.
Scott