I am literally overwhelmed by the number of choices available for handguards and forends for the AR. I only have experience with a few, including the standard two-piece, the Noveske 11.5" Switchblock rail, and the PRI Gen III round free-float. Of those, I like the PRI the best due to the free-float nature and how cool the tube stays during firing.
Here is what I think a rail should do in order of priority from highest to lowest.
1) Protect the gas block and gas tube from impact and not be dislodged due to usual rifle usage. This drives the minimum length. I do like the longer rails as they are more flexible for field-improvised rests as well as providing longer sight radii.
2) Provide grasping surfaces that are friendly to the bare hand.
3) Facilitate the dissipation of heat from the barrel without burning hands.
4) Allow the rifle to be shot from a rest without changing impact due to pressure on the barrel.
5) Provide means of attaching lights and sights.
6) Not be any heavier than needed. The corollary to this is that the rail not need covers to make it hand friendly.
So what rails and forends are people using? How do you decide?