I'd try it in a second.
There's nothing wrong with Spam. I ate it even before I moved to Hawaii. And now I have half a dozen flavors in my pantry. When guests come over, they go through a whole lot of the stuff considering "they don't like it." I have zero problem walking into the grocery store, hungry, and picking up a Spam Musubi and eating it while I shop. Beats grocery shopping while hungry.
Spam isn't passing itself off as "the finest Iberico charcuterie." So it's far more genuine than many of the other items on the supermarket shelves -- particularly "olive" oil, "maple" syrup and "Parmesan" cheese.
There are people who scalp the Hickory Smoked spam in the parking lot -- they buy all of it, tack on a $2 scalper surcharge, and then sell it from their van. That's the can I typically reach for if I'm going to make a spam dish. Fine diced Spam, eggs and cheese over grits isn't just "not bad," it's quite good.