Stalker, do NOT let yourself get all wrapped up in the "twist." Twist aside, AR barrels are just like any other rifle barrel. Each will show a preference for different types of ammunition.
Although 1:7 is a pretty fast twist, the only thing I'd avoid is going with anything super light, like the 30 something grain bullets or the thin skinned 40 something grain bullets. I've had more than one 1:7 twist barrel that preferred 52gr HPs to 77gr HPs to about 300 yards or so, at which point the higher BCs of the heavier bullets came into play.
If you are basing your opinion of 55gr bullets on shooting you have done with military/surplus ammo, I'd suggest that you try some better bullets. Although M193 is pretty popular and is usually reliable, I've found it to be some of the most inaccurate stuff out there. The 55gr FMJ projectiles that they use plain suck.
In any case, what kind of AR is it? Is it a target model or a field rifle? You may be banging your head against the wall for nothing. Don't chase groups if you don't need it to shoot good groups. Most ARs shooting almost any sort of ammo will shoot straight enough to hit a clay pigeon at 100 yards.
If you just want to see what your rifle will do, I'd suggest getting some 69 gr Sierra Match Kings and load them up with some Reloader 15. That should give you a good idea of what your rifle can do. If the utmost in accuracy is what you're after, try the Sierra 52gr HPs for the closer in stuff.