Answering the questions out of order:
With the understanding that the B5/MK2 systems are somewhat proprietary, are they a better option for tuning for a can, vs one of the carbine systems?
Yes. Hands down. Lower Bolt velocity, slower unlocking, smoother function and less wear.
Mr Skinny jeans over at TREX sells them, and also includes a handy little chart that seems to show that for 14.5-16" barrels, using a low back pressure can (I'm putting a FOR RECCE on it), the T2 is the best weight, and he sells the kit with the T2.
Yes, 5.6oz is probably what you want.
Now for the "however, but:"
I don't love the BCM system. It is the least "smooth" of the various A5 buffer setups. What I run on my suppressed DI guns is:
Griffin Armament A2 Suppressor Optimized Buffer: $60
Griffin Armament A2 extra power (+15%) Spring: $14 (Sprinco is just as good, I try and limit shipping costs since I'm ordering from Griffin anyways)
Forward Controls Design A5 Length Buffer tube: $57.50 @ Primary Arms
Mil-Spec castle nut and end plate: $7 @ Primary Arms
That's ~$140 whereas the BCM/T2 is $123@Primary Arms or $125 from Lucas (although he's out of stock right now). For that you get a nicer extension with the maritime drain holes (you may or may not care) and a *much* nicer two stage buffer. Griffin does pretend to sell the whole "A2 Stock Mounting Kit" (Receiver Extension, Spring, Nut, End plate, Buffer) for $105, but that buffer tube has been out of stock for like a year and a half.