Question for Project: M Dolphin Users

[Dark Aura]

This isn't exactly asking for help as much as it is asking a question, but I figure this is the best place for it.

I was just wondering, how well does Project M handle Net-Play? I have some friends who are getting new computers who want to try it out with me, but we much prefer playing Project M to Vanilla Brawl. Does much change if M is active? Or is it even possible to do so?