Not to mention that an AR is just not designed for protracted, belt-fed fire.
Hell, even belt-fed weapons aren't really designed for protracted fire.
While on a qualification range, my buddy decided to burn through some ammo - using burst and rapid semi-auto for the sole purpose of firing ammo, the barrel heated up so much that it
1) was hot to the touch, even through gloves and handgrips
2) the barrel melted the plastic sandbag nearby when he put the weapon down.
This was an M16A2 blowing through 3-4 mags in under a minute, give or take.
Protracted fire heats the barrel very quickly and you run a very large risk of warping the barrel.
The 249 SAW feeds from either a belt or an M16 magazine - but even so, you're only supposed to fire the weapon in bursts because of the same issues I listed above. Now, you
can clamp down on the trigger and burn through an entire 100-round belt. And it'll stand up to the stress better than the AR, but you will seriously chew up the functional life of your weapon.
As for the question regarding availability of extended magazines - your local gun shop may not carry them because they are a business and if customers don't ask for the merchandise, they're not going to stock it. By the same token, manufacturers won't produce product they don't see a market for.
Which means you'd need to commission the work from a "mom and pop" weapon shop - and if you thumb through just about any gun magazine (no pun intended), you'll see ads for small shops producing either commission work or a range of after-market mods. Especially with the current US deployments. That said, it should still be a matter of: "hey, this is what I want. Can you build it and how much will it cost?" Which then becomes bartering, not gunsmithing and engineering.
As for a 100-round drum on my M16 - I'd be afraid to without some serious upgrades. Two things hold a magazine in place: the relatively tight fit of the magazine into the magazine well and a little metal clip that slips into a groove on the magazine itself. Frag, I wouldn't even double-stack magazines at this point, but that's just me.
Reality aside, this is 2070 - if you really want a belt-fed AR, wiggle your fingers and it happens. Modern (futuristic) technology has evolved to the point of making it feasible.

-Siege