I must have got lucky because my M44 was $99. And you are right, I am not willing to do the work to install a FIRSH. The M44 handguards are on a post ban gun and removing the muzzle brake would be more than a 10 minute job. I have no real intention of doing anything to my pre-bans, so the point is moot.
The money wasn't even an issue. It is an aftermarket item that does exactly what I wanted it to do and does it well. It certainly isn't the best possible solution, but it is far from what some of the earlier posts described.
I have the M44 handguard on a Bushmaster M4 clone. I am planning on sending that upper to KKF to have the mini-y comp removed. After I get it back a year later, I plan on putting another KAC RAS II on it; if that is the best option at that time. At that point, the M44 will be easily removed and moved on down the line to another AR. I have become quite fond of the vertical foregrip. I now have one on my main go-to AR and one on my backup. When I have the RAS II on my backup, I will then also have a vertical foregrip on my thrid in line gun. In addition, I am going to be buying a Surefire 900 series light. With the M44 handguard I can install them in seconds on any one of my eight ARs that dont' have a RAS II and can use that rifle with my light. Personally, I think the ease of installation and removeal makes it worthwhile in and of itself.