I have purchased several Mag Tactical lowers.
http://magtacticalsystems.com/ And you can get them in pink for the XYL too!
Their uppers (4.8 ounces) and lowers (5.88 ounces) are 35% lighter than aluminum because they are a magnesium alloy. That saves 3-1/2 ounces. I had to shave off some of a Geissele trigger because it rubbed the lower a bit and the pin holes are strengthened, but it works great.
I ran it at a 2 day carbine class in Texas run by Larry Vickers and it ran fine. However....I don't have the Mag Tactical upper on mine since they were unavailable and mine's a DMR with a heavier 18" barrel anyway. Keep in mind it has magnesium in it's makeup...you probably don't want to grind on them and the finish is not standard which is also because of the magnesium I suppose.
Now that they are taking orders for uppers again...I'm putting one on order for a standard M4 16" barrel design.
Now...if an adjustable stock is not necessary then you may be interested in GWACKS Cav-15 plastic lower.
http://www.gwacsarmory.com/index.phpThey claim almost a pound less than the standard non-adjustable stocks....I don't know how to compare that, overall, to the adjustable stocks right now because I don't know the weight of the pistol grip and collapsible stocks mounted on a receiver. However....they do make the claim that their receivers are won't break under heavy impact like aluminum and you don't have to worry about corrosion.
They have several different colors...maybe not pink though...however they can be Cerakote'ed or Duracoated. I have not run one...I've held them and like them. I do know a couple of the people that run them and they like them who are very experienced in AR's from overseas battle and from their gun/training businesses back home.
Choices, choices, choices......