I'd be wary of the Rugers, heard a lot of bad about them... some here have had real bad experiences with them... I shoot a T/C Encore custom shop barrel... 26" bored at 1-12", I have a terrible time slowing it down as a K-Hornet, but with my top loads I get 3250fps with a 40gr V-Max... can't shoot 35gr bullets because of the fast twist either...
as I said earlier the only thing about the CZ's is the .223 bore diameter, but whatever you need to shoot they normally will shoot well... keep us posted as your progression with it continues... and yes you can load a pile of ammo off a pound of powder...
another tip... keep it away from Momma, women love shooting Hornets with the accuracy, mild report and no recoil... sometimes it's tough to get'em back...