Yes, HP5+ is one of the best films for PMK. It stains very well, is sharp, and comes out relatively fine-grained for its speed. I shot a lot of high school football with it last fall with very good results.(posted 8396 days ago)I use Hutchings' recommendation of 320 EI and developing 12 minutes at 70 degrees, inverting the tank twice every 15 seconds. I have found Agfa Multicontrast Premium paper (RC) to be a good match for PMK because it has a shorter toe, i.e., the highlights have more contrast. I think the Forte, Luminos and Sterling papers might fall into the same category.
Some papers with an extended toe and lower highlight contrast (like Multigrade IV) can look flat when printing PMK negatives.