I’ll bet it is. I remember being in my favorite ammo shop and some guy walked in bragging what the .17 will do. I haven’t heard of anyone complaining of accuracy problems with any make or model. Have fun with that one.
My wife is especially fond of shooting 17M2 from my CZ 452 Varmint. Her "baby" is a Magnum Research MLR-1722 in 17M2 with the "pepper" finish Barracuda stock.