A good friend of mine has a couple of Hornets. He had issues with crushing the cases, which is easy to do with the thin-walled Hornet brass. He also never really got what he considered to be outstanding accuracy from his Hornets. He had one of his rifles re-chambered to K-Hornet and is a lot happier with that version.
In practical terms, though, the only reason I can see to own one is if you just like 'em. Otherwise, there is nothing a Hornet does that cannot be duplicated with a downloaded .223. A good quality bolt action rifle in .223, with an 8 or 9 twist, is much more versatile and a lot less trouble to load for.
But, if you want a Hornet just because, you don't really need another reason, IMO. Fun is the name of the game, after all...