I prefer stainless for accuracy and chromoly if you plan to do beowulf mag dumps and generally abuse it more.
I would go medium contour, I had a Herron NR pencil profile barrel and could never find any ammo including handloads that would shoot better than 1.5-2 moa. My stainless medium contour Questar barrel is shooting better than the other one did but I haven't tried any handloads yet, I think this one will break into sub moa with handloads like my 300 blackout conversion I built does.
I've shot one with a Herron barrel with integrated flash hider, honestly I couldn't tell the difference to shooting mine with a threaded muzzle and a flash hider and the difference in length wasn't noticeable at all. I prefer a threaded muzzle because even though the ACR is a very smooth rifle to shoot I can feel a difference if I put a brake on it and like to be able to swap back and forth. I run a linear comp most of the time but have just swapped to a griffin flash comp. It's nice to have the options.