Paul-
I am a little confused, do you have an A2 upper, like the pics posed by TheLandlord, or do you have a removable carry-handle? By your first post it kinda sounded like you have a removable carry-handle, but since you didn't say anything about it following the other posts I am unsure.
IF you have a removable carry-handle, I would not change the upper receiver. Colts are generally the best solution unless you step up to the next level of uppers. If you do not have an "A3" type upper, I would buy another complete upper of no less quality than LMT, Colt, or BCM- there are other roughly equivalent options as well, but they are the ones that I have personal experience with and recommend.
What type of AR do you have? As in barrel length, stock configuration, etc. What is your intended use of the weapon? Reason being that different setups work better with different items for different applications. For example- if you want an SPR type setup you will probably need a new barrel and handguard, along with other subtle alterations to get the most out of your gun for that application. If you want a handy 0 to 300 meter gun for general purpose use your stock barrel and handguard will probably be just fine, but will benefit from other tweaks. If you want to put a bunch of bullets into a tight little knot at longer distances you will probably be better off with a heavier barrel profile and a dedicated FF system of some kind, and would probably be better off by going with one of the higher quality billet uppers to eek out every little bit of precision possible.
I would caution that insisting on a free-floating setup may not make a whole lot of difference in actual application, then again it may make a significant difference, once again, depending on setup and application. While installing a FF HG won't hurt precision, it might be a lot of $$ for minimal benefit. I would advise actually getting some experience on the gun before you start sinking money into areas of negligable benefit.
A railed HG allows for mounting of various accessories and lights, but most of those things can just as easily be mounted on a gun without rails. Things like lights, optics, slings, and magazines take priority over handguards in my opinion.
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