This is from the Ammo-Oracle and seems pertinant:
M193 (55gr MilSpec) is essentially a "universal" round; able to be stabilized by barrels with twists between 1:14 and 1:7. Point of impact will change slightly compared to an M855 zero, so rezeroing is recommended.
1:9 is best.
Why? Flexibility. It doesn't seem to have any problems throwing M856 tracers around, unless it gets really cold, it wears better than 1:7 and it stabilizes more rounds than 1:12. Additionally, 1:9 rifles, even Mil-Spec chrome chambered and barreled, can attain 1.0-2.0 MOA out to 300+ meters.
No, 1:7 and 1:8 are the best.
Why? Accuracy. For heavier and longer rounds during competition shooting, 1:8 and 1:7 twists are the best for heavy 77-80 grain rounds that I use to shoot competitively at 500-1000 meters. Who needs to shoot tracers anyhow? More importantly, heavier rounds are showing very good results in terminal testing and are proving to be much better defensive rounds.
Regardless, both 1:9 and 1:7 twists seem to shoot M193 and M855 very well.