Coming from a somewhat similar gun background of bolt guns, I'd suggest your reloading and performance goals might be better met with a personal build that involves a more precision brand and length barrel. The "curse" and the "blessing" of the AR platform is its flexibility. Curse, because it can become a disease where you find a reason to build a rifle/pistol/SBR for every niche and need...both real and perceived. Blessing, because you can actually build a rifle/pistol/SBR for every niche and need...both real and perceived...LOL! For me it resulted in AR10 and AR15 platforms in about 7 different configurations to fit different categories of use...and then throw in 3 bullpup rifles to spice up the pot...LOL!
OP, your S&W is a good rifle. With a 1:7 twist you can load the decently heavy bullets with confidence and shoot just about anything else through it too. It's not a heavy rifle either. Still, I'll bet if you do pursue serious reloading, shooting, and even hunting with your AR, you'll end up with at least one or two more to fit your needs more effectively. It just seems to happen for most of us.