I'd just say it depends on your team composition. Ezreal is dps AP/AD carry champ, if your team doesn't have AP champ then it's best to play in AP, otherwise I mostly play him AD. Yes, AD Ezreal benefits from red buff a lot (you can solo lizard right away after you get Sheen and Vamp Scepter) and chases people better and is also better at farming, while AP is better at teamfights (Essence Flux's range is pretty short but is AoE and higher in damage, plus Trueshot Barrage as your finishing/initiating move).