Mike James,
A rear mounted riper is best when you have to get down to business, but it makes any grader heavy and cumbersome. You get used to it, but it is always there, sapping you, like a program running in the background on your computer. However, if you are anticipating lots and lots of ripper work in rock, a rear mount is the best setup. They really come in handy on a road job, and are almost mandatory in dealing with any appreciable length of base rock due to their efficiency.
However, as it sounds like a rear mount is out for you, I recommend a mid mount, as they stay tucked out of the way when not in use, don't weigh much, and are reasonably efficient if you don't have to break open lots of surface area. One thing I'm pretty sure cannot be done with a mid mount is rotate the blade 180 degrees. That may be why you see front mounts on blades belonging to state highway maintenance agencies.
I never had any use for a front mounted anything on a grader other than a counterweight push block. I think front mounts are for someone who needs interchangebility between implements like a scarifier, dozer blade, snow blower, etc. Otherwise, a mid mount will do basically anything a front mount will. That's what I think, but it may not be the case with someone who has worked one extensively.
Well, I hope I have helped you with all this rattlin' on b.s.
And now my youngest daughter is home from veterinary college for Father's Day, so I have to go now and see how much money she needs this time around...