The M4 sight radius isn't optimum, it's an institutional compromise. These days with a red dot as standard issue, it's not even used, BUIS often aren't mounted at all.
The M4 is also a NFA 14.5" barrel, also a compromise. Why is a completely off topic and controversial thread on it's own. One area of concern to take from that is what the .Gov sees as a need for a broad based application for various user groups isn't what is best for YOU. And what some perceive as their trend in developing an urban/CQB application stemmed from the original goal to provide a PDW for NON combat users and special operations forces.
However, once the air divers and officers got them, they became "cool." Visually they couldn't be differentiated as the two completely different users they were, and the Army used the same base gun for both - it was the gear clamped on them (or not,) that told the story.
Point being, we saw the M4 go from being issued to truck drivers (where it is helpful,) to the M4 being issued to Infantry on foot patrol in the Afghan highlands, where it's been called into question (let's leave it at that.) And the answer was to reintroduce the 20" barreled accurized Squad Designated Marksman to compensate, among others.
For urban and vehicular use, a 14.5" barrel can do, but as a lot of guys incounty will tell you, a 10" submachine gun purchased off the market bazaar is better. And for being out in the field away from the city, 20" or longer rifles have been the standard for centuries. For good reasons.
The M4 is just a current fad, made larger by all the hype over CNC accessories, which is a cheap way to produce high precision small parts economically when volume is small - not because it's intrinsically better. Just the cheapest way for production of those numbers. You see the same thing going on in hot rod parts, too - and it's just as filled with hype and marketing.
Point being, choose the configuration for YOUR rifle to do what you need ballistically, and don't slavishly copy any one unless that's what your willing to accept - warts, compromises, and all. Then it's an accurate homage, but that doesn't mean it's the real thing.
Those come with free ammo, and are quite affordable that way.