I mean, are you building a true Mk12 SPR, or just an SPR inspired build? I'd argue that the quality of the barrel is more important than the diameter under the handguards. I can't seem to find the official drawing for the profile, but I do remember it was 0.840" or 0.850" under the handguards. I'm not sure how much weight you'd save going down to 0.750", but the original profile SPR barrel weighs about 2.5 pounds. Since you already have the light profile JP, I'd recommend going for the true SPR profile barrel from Compass Lake or have a custom Bartlein/Krieger/Lilja turned to at least 0.840" under the handguards just to be safe.