There has been some talk recently on the forum about the Monarch ammo that has been circulating around the Academy Sports stores. I decided I'd go out and buy 300 rounds of it and shoot some to see how it was....then it started raining. Soooo, I finally got out to the range today to test it out.
I shot 100 rounds. No failures or any mishaps. Then again, I was using a Glock.....

Here are the groups I shot at 30 feet away. 8 rounds each for a total of 32 rounds from 2 different boxes (each black square is 1" square):

(I don't know what happened there with group 1, I guess maybe I wasn't looking...haha)
So, in my opinion, this ammo is very worthy of the range. If you can get past the smell, I'd definitely recommend it for range use. At less than $5 bucks for 50, you can't beat it.
And like I said, the groups were at 30 feet with a Glock 17, so, if you're using something else, I can't guarantee the results....
