So I just picked up an Aero M5 lower. Had decided on a prebuilt M5E1 upper but now I'm second guessing myself! How much am I really gaining by using a criterion barrel or something else? Looking into 20" barrel and shooting 300yds.
it is a wrong question, really.
criterion or any comparable top tier barrel producer provides you with a quality product you can rely upon to be decently accurate. that is all it does.
what product you choose, and what build you make is up to you. any gas rifle should be seen as a combat platform first and everything else second, really, so you will have less accuracy compared to a non-gas bolt action gun on a comparable barrel. how much to pay for a top tier barrel and if you need it, really, is a budget question.
i do not know, say, what point it would be to pay $$$$ for a .308 barrel, as you not going to shoot it at 300+ yds with a precision expected out of 6.5CM or 6CM.
so it all depends of what you would put into your build.
i use only aero for lowers as i see no reason to use less quality product there, as for uppers - just see what is on sale and choose from the available products. i looked right now at PA and ar15parts - it seems most of good stuff is sold out, probably due to the holidays rush. good thing is - a quality lower like m5e1 will serve you well with any upper. i have 2 built, for redundancy, and have 6.5CM and .308 uppers on them - .308 sees almost no action, on wilson 18" barrel and it is 1MOA good in average. not 1/2 or even 3/4MOA - 1MOA. 6.5CM 20" barrel is a bit better, shoots reliably under an MOA accuracy but it is not even remotely in the same universe with 24" 6.5CM bergara - so as long as you do not have unrealistic expectations it is all nice and fun.