The MI #17 2-piece rails lock up as tight as the KAC RIS because they are secured using the same method: Wedged in between the handguard cap and the delta ring assembly. There is slight play in both units. I used to own the MI#17's and have handled the KAC RIS. They are good enough for lights and foregrips, but I would not trust them to hold a zero on an optic or laser.
I sold my MI#17's and bought a KAC RAS to replace them. I am much happier with this unit. The rails lock on incredibly tight and there is no movement at all! This is because they are not only secured between the handguard cap and delta ring assembly, but they also lock to the barrel nut. If they move, they are taking the barrel with them! This is why the Military has been using these as standard issue. The only unit still using actively purchasing/issuing the RIS is the Navy SEALs. The reason they like it is because it lacks the barrel nut clamp, thus not making it peculiar to M4 profile barrels. This allows them to mount RIS rails on weapons with heavier barrel profiles.
The MI's are great for starter rails on a budget, but I highly recommend the KAC RAS.