I went with the Eagle Industries Molle M14 magazine pouch for my Bushmaster BAR 10 and my L1A1. They both use the same FAL magazine. This pouch will hold 4 M14 magazines. It will also hold 4 AR 15 magazines.
These pouches can be used on a Molle vest and they also can be used on a regular belt when you set it up by going over the top loop when you weave it. On the Eagles site, they are asking $42.90 for one pouch but if you look around, I am sure you can get them cheaper.
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