Plinker loads are exactly what they would be for.
My OP says, short range, low power, cheap blasting ammo. Blasting 1 gallon milk jugs, watermelons, pumpkins and any other fruits and veggies that get in the way at 50- 200yrds. I have 2 farms (friends) where I've built shooting ranges, they like to shoot the gun but know how much ammo for it is, so they take 1 shot and say that's enough. I'd like them to be able to shoot it more and not feel guilty about wasting a lot of money. $2.50 to blast a milk jug into oblivion is a little high.
I've read a lot about making reduced power loads for rifles and will be doing so with 30-06, x54R and x39 cast bullets and PC. I have the time to experiment and develop a good load for the .50 so my friends and I can shoot a little more cheaply.
They would NOT be for long range, super accurate, competition work. I have other components for that.
Maybe I should just wait and see how the 30-06 goes then use that info for the fifty.
Thanks for the advice so far, keep it coming.