The M22 is great. I have a extra plenum installed from Xtreme Airguns. It gives me 50fpe at full power. To shoot slugs...
I tapred the lead of the barrel. Sand it with cone shaped sandpaper until slug slips in easy. You can make a tool with a drill, but be careful and make sure you stay centre. You don't need lands in the barrel at the breech. You want the slug to ingage the rifling smooth and straight. Don't go to deep because sanding makes burrs on the rifling. Push a pellet through often to see the progress. Note rough spotes in the barrel and pollish the barrel with normal metal pollish and a cleaning rod with cloth on it. Don't go to hard near the muzzle. Once done a pellet should be able to be pushed through smoothly with a constant force. Re do the crown.
I shoot KO slugs in .216 very accurate at 800fps. At that same power setting it would shoot any .217 slug from 23grn to 30grn in a inch or less at 50m. It does that with a whole mag and no flyers. That power level gives plenty of shots and the KO slugs gives me a similar trajectory at 800fps as the 18grn pellets would give at 930fps.
It took me very long to get to this point, but the M22 is the perfect bace and the unchoked barrel is very good with a bit of work.
If you don't have money for a FX, Spa/Artimes/Smk/Snowpeak is the best barrels for slugs.
Other berrels that shoot slug include LW 12groove and CZ. Longer barrels are a lot more efficient though.