Having had or have both systems. both are good systems.
The Oly system with the Socom block works great. sten mags are cheap from tapco (like $3 a mag). You will kill your fingures loading a sten mag, so dont try, got get a nice loader and your fingures wont hurt and you can load real fast.
I have a ASA 9mm upper currently. The reason is that with the Oly, I would half to buy a new bolt to use it on Full Auto. The colt system (Colt, ASA, RRA) has a bolt that can be used either way. Uzi mags can be gotten fairly cheap, $10 to $15 each, for 25 rounders (32 and 40 rnd mags run $30+). You need to change the hammer on a colt 9mm style system, but the 9mm hammer will work a 223, so once you change it, your good to go. The oly will slap on any lower no matter what hammer.