I would be very happy with a 35% hit rate on steel at 400 yards. Obviously, wind is a factor, but even with no wind, there is an accuracy cone to 22LR. For me, 5 shot groups average about .5 MOA at 50 yds, .9 MOA at 100 yards, 1.8 MOA at 200 yards and so on. I haven't tried at 300, but we did...