The answer to "does it follow from non-quantization of mass that arbitrarily small masses are possible?" is no. If the lightest particle has rest mass $m>0$, then there is no system with a mass in $(0,m)$, but the mass spectrum would be continuous above a certain point, so mass wouldn't be quantized. For example, assuming there's no strong force like electromagnetism between the particles, the rest mass of a system of two of the particles would be roughly $2m\sqrt{(1+γ)/2}$ where $γ$ is the gamma factor of their relative speed, so any mass in $[2m,\infty)$ is possible. (That's a bit of a cheat, because the particles will fly apart unless you confine them in a box, which would also have mass. But by the strict definition of rest mass it's true.)
In reality, the lightest particle is not an electron or neutrino but a photon. A system of two or more photons can have any nonzero rest mass (with the same caveat as above).