I have a Ruger No.3 in .22 Hornet, and a 10" Contender barrel for the Hornet, also. Finicky to load, but I've found them accurate enough within the Hornet's easily useable range.
No, not in the same class as my .222 or .22-250, but they do the job they were made to do just fine, for me.
Also, despite the time and care needed to load for the Hornet, my handloaded Hornets are much cheaper than buying non reloadable .22 WMR, and downloaded a bit, can easily duplicate that performance, if that's what I want.