I think you should go with #1 and have Steve build a complete upper out of it when you buy it from him. Maybe even get it Gunkoted to match the barrel or something…
There is nothing wrong with any of those… you really are up against the decision to pick the brand you like – sort of like Ford, Chevy or Dodge.
I think – if you are getting the used Colt receiver from ADCO – that the idea to use it and have Steve do the GunKoat refinish. Having the Colt will honestly give you the most “braggin rights”.
Tally (the Capn) likes to tell everyone about the differences. Probably the biggest would be the anodization. FWIW, the Daniels Defense upper comes highly reccomended at 156 dollars.
I ended up going with the “Kool-Aid” route as some might say. I have 4 AR’s and none of them have a Colt anything so I just ordered a Colt M-16 Carrier & the M4 Upper.
If nothing else it will be an excuse to try to refinish some AR stuff.
I was taking one of the new guys up there a couple of months ago… showing the corridore – and actually right about where you are talking, he was looking out of the window and says “man, that’s a big junkyard”