This site explains ammo questions quite well:
http://www.ammo-oracle.com/body.htm#chamb
There is a certain optimum rate of twist for the bullet weight you shoot.
Underspin and they are not in the optimum stability range.
Overspin and the projectile will be overstable and will remain pointed nose-high
Too much twist, and the bullet will fly apart.
From the site:
While the slow 1 in 12" twist is adequate to stabilize the 55 grain M193, it will not stabilize the 62 grain M855. As a result, the newer M855 ammo will group 1-2 feet at 100 yards, with bullets flying through the air sideways, instead of shooting to about 2" at 100 yards, like military ammo should.
All this has some ramifications for ammunition selection depending on your rifle's rate of twist.
When fired at 3200 fps in a 1-in-7 twist rifle, a round is rotating at over 300,000 rpm when it leaves the muzzle. Light, thin-jacketed varmint bullets (i.e., 40gr Hornady TNT or Federal Blitz bullets) often can't take that much spin and will pull themselves apart.