Rings are great for versatility. They allow you to do just about everything that you can on a bar, plus more. I actually prefer them for dips, Australian pull ups, and levers. They are, in my opinion, not as good for muscle ups only because doing slow false grip muscle ups on a bar is more difficult yet doesnt tear your wrists up as much. However I don’t have a suitable bar at home so it at least gives me the option to do them.
As for your clearance issue, try L pull ups to work your abs and back and alleviate your clearance issue.