bolt-on threads and muzzle brakes are generally something I would rely on as a "last resort - no other choice" option. That's not to say they can't work, but they are a little more risky than other methods because set screws can come lose and cause bullet strikes.
What particular firearm are you planning to put this on?
Attaching anything to a muzzle with set screws can have its drawbacks. One, being, that mounting off center can cause the bullet to strike the sides of your muzzle break and send bullet fragments in less than desirable directions. Two, you're driving metal into your barrel, tearing up the finish. Your best option is to have your barrel threaded.
The only way I could see that being feasable would be a specific design thats specs are machined to fit your model rifle. If the front sight is back away from the end of the barrel enough for the barrel to fit into a coupler on the device. With enough barrel length in the coupler and set screws to anchor it I can see that working well. I cant imagine a one size fits all because even though it may be a 223 the od of barrels vary widely as do sight configurations.
tolerances on the line up from the barrel to brake are extreamly small. basically there is no room for error. there is no way i would trust my gun or worse to clamp on threads
roisigns,
I have a Saiga in 7.62x39 that I wanted to put a muzzle brake on but the Saiga has an extension of the front sight base that is not threaded.
I bet I wasted $60-$70 on bolt on muzzle brakes before I had a gunsmith cut and remove the extension. Then I was able to remove the old Saiga front site base and put on a new AK-74 one that had the right threaded extention to fit most muzzle brakes.
To make a long story even longer, don't waste your money on those bolt on brakes. Save your lunch money and have a gunsmith do whatever needs to be done so you can use threaded muzzle brakes.