It's especially useful for heavier bullets from 40 grains up--even 50-grain spitzers if your rifle has a 1-14 twist. Plus, of course, it has a decoppering agent.
My CZ is 16 twist, so don't think it'll do very well with heavier bullets, probably 40 gr. tops.
DF
I get excellent accuracy(about 0.8 moa for five shots, average) with the 46 gn Winchester HP in my Brno. No issues with stability as far as I can see, no doubt because it is a rather dumpy bullet. Despite its dumpiness it performs well enough on small game/varmints - I've even dropped the odd pig with it - for me to continue using it. I also use 40 gn spitzers (Sierra), which admittedly shoot a mite flatter, and with similar accuracy.
I'm still using W296 with both, and it works well for me. I don't expect my Hornet to reach out past about 200 yards. I have other rifles for that. For walking around potting rabbits, hares, foxes, cats, and perhaps the odd pig, with little noise, recoil, or cost, I reckon there are few better.