I think this is a OK new round, but also think I'd have liked it a lot better had it been made up as a .20 cal. or .22.
A 33-38gr. bullet from a .20 would buck wind better than a .17 and be a bit flater than a .22. Would also give better long range energy than the 25gr .17 cal.
Still, this new .17 is going to make life hard for the .17 Hornet.