The problem I see with these types of guns (this includes AR pistols, UZI's, Tec 9's, etc) is that they are awkward and hard to effectively employ. They are just big enough to make them difficult to aim and use as a pistol while not having a stock to allow it to be used as a carbine. The shorter sight radius and lower velocity just add to the problem. To me, these are just like shotguns with a pistol grip only and no buttstock. Sure, they look cool in the movies but aren't all that practical. You need aimed fire, not spray and pray to be effective.
If I were you and wanted a compact, effective weapon at closer ranges, I would choose a Glock 17 or 19 9mm, or a high quality .45 ACP such as the H&K USP or a good 1911. Magazine capacity to me is of less concern than reliability, accuracy, and practicality. If you want something with more power, range and accuracy than the handgun, then an M4 style AR carbine is the ticket. It can be employed accurately like a rifle by bringing it up to the shoulder and firing it. You can't do this with an AR pistol. Also, the M4 would have enough barrel to allow the ammo to have decent performance and accuracy.
As a previous poster stated, AR pistols are at best expensive toys. For serious use, get either a pistol or a carbine (or both). Each will perform better in their intended roles than some sort of "hybrid" design that tries to bridge the gap between the two. They are just too awkward to be practical. Notice that you only see these types of weapons used in movies and by gang bangers. I think that says it all right there. Hehe. Good luck.
-Charging Handle