I've shot a case of this (PMC 77 gr) in 2 Daniel Defense 5.56 rifles, and one .223 Wylde Aero build. I was impressed with its accuracy, easily sub moa @100. However, it always shot about 1" low even at that distance, compared to other 75-77 gr rounds, like the Hornady Black 75's or the Magtech and Freedom 77's. At longer distances, as you can imagine, the groups opened up, and the rounds landed even lower, comparitively. I don't have a chrono to measure, but it seemed to be a little underpowered compared to the others, which made longer range shooting beyond 100 yrds less than satisfying. In my guns, the most consistently accurate .223 /5.56 75-77 gr factory ammo I've tested is the Hornady Black 75 gr, followed by the Magtech 77, and Freedom 77. IMI 5.56 77 can also shoot sub moa, but it can sometimes shoot inconsistently and is a considerably hotter load than anything else, so needs a different zero.
When I shoot 500 yrd matches, I use the Hornady for the consistent accuracy. I can get around .5 MOA at 200 yrds consistently with my 20" Aero build ( last outing was .42 moa).
I've also used the Federal GMM 77, and found it to also be slightly underpowered and less consistently accurate in my barrels, but others swear by it - it's also the most expensive round @ $1/rd or more. As always, every barrel is different, so YRMV from mine.