Yes, it's performance is a myth. And here's why.
Raw penetration:
17 Pdr:
Long 88 and Panther gun:
90mm M3 found on Pershing and M36:
Observations:
The 17 pdr is the best British AT gun fielded during the war, yet the the British cutting edge has:
- Only 3mm pen advantage over the earlier KwK 42 at 100m when comparing full bore ballistic capped AP rounds (apples to apples)
- APDS on the 17 pdr is better than the APCR on the L/70. We will get into why this round in particular is utterly useless in a bit though.
- The KwK 43 completely crushes the 17 pdr in APCBC performance.
- vs. armor below 30 degrees in slope the KwK 43 completely crushes the 17 pdr APDS in penetration performance.
- The regular 90mm has similar APCBC performance to the 17 pdr.
- Higher APCR pen over 17 pdr APDS but with worse performance vs. sloped armour.
- Long 90 found on Super Pershing is superior.
- Soviet D-10 (which I didn't list) has similar APCBC performance to the KwK 43, but loses pen a bit faster over distance. This gun crushes the 17 pdr APCBC as well.
So as you can see, the penetration performance of the 17 pdr is not even close to good by German standards, and we didn't even compare it to the best gun of the war, 128mm KwK 44.
Source:
https://www.scribd.com/doc/219173969/WWII-Ballistics-Armor-and-Gunnery
But here is the real joke of it all. The 17 pdr's accuracy (this goes for the Comet's gun as well as it is a shortened 17 pdr).
At 1000 yards, the 17 pdr has a 14% chance to hit a target 5' wide by 2' high (Panther turret size basically) with APDS. At 800 yards (around avg. engagement distance in Western Front) it has a 21% chance.
1 in 5 shots from APDS slinging 17 pounder has a chance of even hitting a hull down Panther. This means a Panther could get in up to 4-5 shots on average on the Firefly before it is even struck. Lol. The APC fares a bit better, but is still really bad. 52% chance at 1000m. This trash accuracy (coupled with some other issues like garbage HE shell) is why the U.S did not adopt the 17 pdr over their 76mm M1. Keep in mind the average ammo load for a firefly was 6% APDS out of all it's rounds.
At longer ranges the APC shell had no chance of penning a Panther, and with APDS, no chance of hitting it. Vs. A Tiger II, it has no chance of penning it's turret because it can't hit it with APDS. Vs. a Jagdtiger, no chance. Vs. smaller targets like StuG and Jagdpanzer IV, even APCBC will have trouble hitting at far range.
Source:
http://www.panzer-war.com/page40.html
Like most British armoured tech of the war, the 17 pdr is a underwhelming but has a legendary reputation from non stop propaganda and fanboys. It was a good gun by British standards, a meh gun by American Standards, a bad gun by Soviet standards, and an utterly worthless gun by German standards.