So, if you want the Dissipator look, or you want Carbine length barrel with rifle sight radius, the PSA is the better solution. As mentioned in the post by Bobster, first gen Dissipators with the gas port in the rifle position, but with a 16" barrel have cycling issues. Basically, there isn't enough dwell time before the pressure in the gas system drops off for reliable function. Moving the gas port rearward and concealing the gas block under the handguard is a viable solution.
I'm assuming you like the look. The same sight radius can be achieved with a rail out to the flash hider. This gives the same sight radius with the advantage of a floated barrel, and a rail to mount accessories if that is a consideration.
Another alternative to keep the look and have a floated barrel is a Service Rifle float tube that High Power shooters use. Completely concealed under the handguards, you get all the advantages of a floated barrel and keep the Dissipator look. It will add about $120 to the build budget though.