I looked at the new offering back when it first came out.
My first thought was that the bullet itself looks a lot like the "fixed cutter" down-hole drill bits which are used in the oil field. And yep, those are made from "powdered metal" too, and yep, they'll drill through a lot of stuff.
My second thought was that all of the available loadings feature a rather high velocity along with an extremely "light for caliber" bullet, which made me wonder how close to the POA this stuff shoots when launched out of a fixed-sight autoloader, which BTW, all of mine are.
My last thought lead me to a couple of other questions:
Beings how the flutes of the bullet have a certain twist rate, how might the "in flight" accuracy of the bullet be effected by the various twist rates of various guns, and/or when being fired from a gun which has a RH twist VS a gun with a LH twist?
I suppose that I could answer my own questions about this newest new-fangled ammo, if only I'd buy a few boxes of it myself....but at over a dollar a pop, that aint likely to happen.
In the mean time, and lacking any creditable testing which addresses my questions, I'll be quite-content to remain a skeptic.
DGW