I was faced with the very same quandary myself recently and I went with a 16" 1/9. If it helps, here's why I made that choice:
- A 16" has a higher muzzle velocity than a 14.5" Is it a big difference? No,
- I don't like the idea of anything being permanently attached to the muzzle. The chances are low that your brake or FH will get damaged but it can happen and, if it does, you're out of action until a smith can replace the muzzle attachment. Unless you can or want to SBR the rifle, a 14.5" barrel will have to have the brake (post-ban) or flash hider (pre-ban) permanently attached.
- I choose the 1/9 twist because I wanted to be able to use rounds light than 55 gr "just in case". I primarily shoot 55gr and a bit of 62gr so 1/9 works fine with those rounds. A 1/9 twist will stabilize rounds from 45gr to 69gr and some rifles will work fine with 75gr. A 1/7 twist won't work that well with anything lighter than 55gr but it will handle the heavier rounds (75gr +) very well. Check out the Ammunition forum for more info on this subject.
- I already planned on having an AR with a 20" 1/7 bbl for heavier rounds and longer range (150 yds+) stuff anyway. My 16" 1/9 upper is for short to medium range (150 yds or less) AR. I also have collapsible stocks on both of my AR so the extra length of a 16" bbl is not a big deal.
All that being said, I could have just as easily gone with a 16" 1/7" bbl and when I need to replace the 16" bbl, I will revisit the issue. You really can't go wrong with either one. I feel that my reply has covered the most important pros and cons.