A lightweight profile barrel is the same as a "pencil" barrel or 0.625" in diameter, which is the same diameter that was used on the M16A1 / XM177 series of rifles. Unless you plan on doing a lot of sustained rapid fire with the rifle, I don't think you will see much in the way of practical difference between a lightweight profile and an M4 profile on a general purpose semi-automatic rifle. The pencil profile heats up more quickly, but also cools more quickly. The heavier profile barrels heat up less quickly but also cool less quickly. It is my opinion that the pencil profile barrel handles a little bit better (and I have no need for the M203 grenade launcher mounting ring on the M4 profile), though the difference is much more noticeable on a 20" rifle than it is on a 16" carbine.I'm not sure what almostfree means by a lightweight barrel
The topic of barrel profiles gets debated quite frequently on AR15.com. I'd say read a lot about it and make your decision based on what you want out of the rifle. I'm obviously biased towards the pencil profile and my favorite AR-15 is one I built from a surplus M16A1 upper.
http://www.ar15.com/archive/topic.html? ... 8&t=313054" onclick="window.open(this.href);return false;
http://www.ar15.com/forums/t_3_118/398076_.html" onclick="window.open(this.href);return false;
http://beta.ar15.com/archive/topic.html ... 4&t=391848" onclick="window.open(this.href);return false;