So, if this is your "next project" I'm assuming you already have at least one other AR?
I did a flat top for my first AR, but for my second, I wanted a KISS type rifle like you, and went with the A1 with a Bushmaster superlite barrel. I really like this rifle. It's all a carbine should be---light, handy, accurate, and KISS. Even put an A1 handgrip, and a factory Colt 4POS fiberlite stock, and a tear drop forward assist.
I haven't shot it enough to really wring out any negatives. The one thing I'll say is the apertures on the A1's are smaller, as you know, so if you want the option of a larger ring, you can put A2 apertures on it and cure that.
I think the lack of rear elevation is really no big deal at all, unless you plan on shooting 500yds with it or something. I did like you're planning on doing, and sighted it in with a 50 yd battle zero. I find I shoot better with this rifle than with my flat to w/a carry handle and A2 sights.
If you already have a flat-top AR set up the way you want, there is no reason at all NOT to go with the A1, I think you'll like the lightweight and simplicity.