Regretfully, the full aircraft parachute will never go away … as long as Cirrus is making more airplanes than anyone else (which might be coming to an end before long).
So, and responders will have to qualify their comments by aircraft body length, how much useful load is one willing to give up (and maybe a couple knots and maybe a little cosmetics) to add a parachute to their Mooney? And how much initial cost and recurring costs is one willing to give up, too. Nothing is free, but I know it can be done better than what is currently out there (experience is priceless … not free, though). In essence, is a used airplane with a full aircraft parachute worth as much as a new aircraft with a full aircraft parachute?
I am guess that this topic has be brought up a "few" times before, but ...
Here goes. … Pull!