When you need the sight to be able to take abuse, it has to be pinned. That doesn't mean a clamp on sight can't be enhanced with a small woodruff key, pins, or even a bb as a detent if you can have it installed. Once the sight is set up to be zeroed, witness marks and good workmanship will get it back on square.
Having an FSB is usually because of a number of different reasons - looks, because that really sets the tone of what the gun is. The Stoner FSB is distinctive, you know it's an M16 derivative right off, no mistake. Siighting, the FSB is up and ready 100%, no flipping or fooling around, and when cowitnessed, it's there and can be used. Optics these days are much more reliable, nonetheless, in combat, if it takes a round, is damaged, or goes down, iron sights mean you still have a working weapon. You get most of the same benefits with BUIS - but you have to keep them screwed on, flip them up, and hope they can take abuse and not shed little parts. After all, if a clamp on FSB can rotate, a BUIS smacked into an cargo hatch or jammed into a metal door frame can be broken, too.
Another reason is the FSB supports the use of a issue handguard - and a lot of us raised on them, used on issue 2MOA guns, don't see the point of quad rails on AR's. They don't do all that much in improving accuracy for the money spent - and since 2MOA performance is adequate for lethal shots on the enemy or medium game out to 500m, they won't fall down any more dead if the target circle is made smaller. Windage, bullet drop, and shooter error are much more likely.
I was finishing up my dissipator and used the Armalite clampon, works just fine. Once I can sight it in and mark it for being centered, I'll likely figure some way of fixing any potential rotation issues - like drlling it for a roll pin on the top of the barrel. Best of both worlds, rugged yet not gunsmith level difficulty when you need to work on it. What would be nice is an FSB that will clamp on .625 to .850 without difficultly, and be predrilled for pins. Seems like a nobrainer, then anyone can mount it anyway they like to suit their purposes.