I've only heard good things about them. Mostly .223 used in ARs and their .22LR barrels. Their BP barrels are supposed to be pretty good to. I've got a couple projects lined up and will use a GM barrel if I can get the diameter and twist I need. They don't have a large range of diameter/twist options like some of the other makers, but it seems what they do, they do pretty well.
I don't know the history of those Palma barrels but judging current quality by a single project 25 years ago isn't likely to give a valid result.