I think you can probably buy a mulching kit for just about any ZTR. Wouldn't that pretty much function the same as a rear discharge? Seems like having side discharge AND a mulching kit allows you the flexibility to go either way, which is why I bought the mulching kit for my ZTR.
Also, I agree that side discharge leaves a better looking lawn than rear discharge because the side discharge sprays and distributes the clippings more evenly. After having used a rear discharge for 17 years and now using a side discharge, I prefer a better looking result of a side discharge to the convenience of being able to mow any direction with the rear discharge.