I've been fiddling with a Ruger No. 3 K-Hornet (re-barreled and re-stocked) for a few years now. When I first started loading for it I was going back and forth with H110, W296, H4227 and Lil Gun. I got okay results, but was least impressed with Lil Gun. I seemed to always get a flier or two (with all powders tried) that would drive me nuts. At the time, I settled on the 40 Vmax and W296 which seemed the most consistent of the powders I tried.
Last year I decided to give Lil Gun another try after surfing the web at length trying to work out the issues with these fliers. I had read that you can't put enough Lil Gun in the case to cause pressure issues and better results are achieved near the top end. After carefully working up, I ended up at 14.5 grains of Lil Gun which fills the case to 1/16" from the top and seat the bullets long so it's just sitting on the powder.
I know that 13 grains of Lil Gun with 40's is a popular load for the regular Hornet, and according to what was posted above, I may be over max, but it cured the fliers and shoots outstanding. I've only chrono'd this load once but was seeing just over 3400 which seems optimistic, so I probalby should re-verify. 5-10 shot groups are ragged holes at 100 yards with no pressure signs. I'm not one to lean on my loads, and was very hesitant to go there, but in this case it really brought this rifle/cartridge to life.
10 shot 100 yd. group on left and 5 shot group on right: