Finally got to run some of this yesterday that I had bought about a month ago and almost forgot about.
The good:
It's cheeeeeeeeeeeeeeeeeeeeeeap. American Skinflints delight. It's the same price as wolf/shit ammo, etc. It's not terribly dirty. It's accurate enough.
The bad:
It's piss weak. Even weaker than UMC is. Not good ammunition for any handgun that is sensitive to ammunition or limp wristing, etc. As an example I ran some in my G34 and had a female friend who had fingernails a little too long for shooting yesterday. I pretty much knew she was going to limp wrist it a little but that stuff stovepiped on every shot while she was holding the gun. I fired like 20 rounds of it through the G34 and had it stovepipe once myself even. Granted the gun wasn't super clean but by my G34s standards it was clean enough to run everything else. I moved her to the G17 (Gen 4) and it worked fine but I could tell this stuff was on the hair edge of being viable ammo. The only shittier ammo I've found than this is stuff like ultramax. Honestly Tulammo 9mm (steel case) will probably work guns more reliably than this, and that stuff isn't terribly hot either, but it seems to cycle the slide harder.
My Verdict:
This is good ammo for farting around/plinking with a full size duty style, extreme shit ammo tolerant gun like a G17, P226, 92FS, etc.... I would keep it the **** away from everything else. Definitely do not attempt to run this shit in an Uzi, Mac 11, etc... (semi or FA) If it even cycles those guns more than a couple of shots it'll be a miracle. It's too weak to get the job done. I would never use it to compete with, that's for sure. Most shooters are going to be better served by stuff like WWB, Federal champion, etc. Even Blazer Brass 9mm is better than this stuff and that stuff is kinda weak, too.
ETA: If fiocchi makes this it must be on its own production of shit line. I've fired tons of fiocchi and it's way more powerful than this stuff is.
-Mike