Yup. Magnetospeed user here. I should've bought a labradar like you glorious bastards told me to the first time around.
Anyway, I use it with good effect. Generally it bumps 2moa up. Easy enough to account for. It does mess with group size a bit, but not terribly except on my paper-thin sporter. It has yet to make a bad load shoot good, but can make good loads shoot poorly. So just because it isn't the tightest, doesn't mean it's a bad load. After a while I can feel what the rifle will do and know how much error I can chalk up to the MS.
Also watch for it to slip off on your full-bore or featherweight guns. I have to move it every other shot on my LW 30-06. It stays put on my .223 axis, and on the other rifles that actually have recoil, they have brakes I can butt up against.
Usually I go .5gr on .223 and 1gr on .308 loads, so I would start 6.5CM testing with 1gr increments. Just to get a max charge and figure where you want the velocity to be. Then work smaller increments in your range. When you find that velocity node, take the chrono off and play with seating depth.
Generally, just accept that it will be a bit off.
Looking at the OP more, I want to be clear that the 12" low groups were with the MS on? Or was that simply change of ammo? You say "midway" bullet, which makes me think of the "seconds" they sell at a discount (which I have great luck with, for the price). Don't get your panties twisted if reject bullets don't make ¼" groups.
IME, regardless of ammo selection, I get the same POI shift from the MS. So my impacts will be 2moa high from the zero, but if I switch to ammo that is 3moa left (without), it will be 3moa left and 2moa high with the MS. If not perfectly clocked, it will rotate that shift opposite the bayonet, as you might imagine.
If those low groups are with the MS, then hopefully they'll tighten up considerably without it, accounting for that it did to the first load.
What does the MS do to the 147gr factory ammo you mentioned?
I wouldn't keep shooting 14rds into a single target like that. On a LW gun, it's opening up by the 3rd round, 5 on a normal, up to 10 on a heavy barrel. Assuming a spirited pace. If the first 5 didn't go so smooth, another 9 isn't going to be any better.