Projectile billboard which faces the camera?

I’ve read and implemented this, but it doesn’t really work.

The billboards sort of face the camera, but are always at least 45 degrees off. Is this script outdated or something?

Maybe this could be something to do with the fact that the script doesn’t make the billboards point towards the camera’s position but rather, the direction the camera is looking?

I’ve got some 3D-text in my program that constantly rotate to face the camera just like billboards, but I do it by sticking this in the billboard’s Update():

transform.forward = m_Camera.transform.forward;

Don’t know if that helps any. Doing it like that works fine for me.