The fixed front sight post will not be detrimental to your optics. With a non-magnified red dot (e.g., Aimpoint), you will simply see both - the dot may be centered on the front sight or above it, depending upon your preference.
With a magnified optic the front sight will simply disapear. If you really try to see it, you will find a blur in the lower portion, but it will certainly not detract at all from the use of the scope.
I use a TA01NSN and was somewhat worried about this; it has proven to be a non-issue.
[image]http://www.quarterbore.com/images/sopmodm4.jpg[/image]
The military issues both Aimpoints and the ACOG seen above, and all M4s have the fixed front sight post.
I believe that the SPR (Special Purpose Rifles), which use a longer barrel and a higher-powered scope, are issued with fold-down front sights. If you are building an SPR for counter-sniper needs, you may want to consider the fold down. Otherwise, stick with the durable and reliable and cheap fixed front sight.
IMHO. [hail2]