I never got the "OMG he pulled the chute, bad pilot!" mentality. Hell, I wish I had a chute on the PC-12 or even the Navajo! Why not? It's one more tool in the box. What's wrong with saying, "if all else fails I have this last ditch effort to try." Would you say that "good pilots don't take off with autofeather on?" or that "good pilots don't even bother to feather the motor they just bring the ship in as is?" or that "good pilots don't carry a fire extinguisher, if the flame gets too hot, they'll just shoot themselves?" C'mon, your job is to make sure the airplane safely gets on the ground - this is one way to do that. If I lost an engine in a Cirrus, and wasn't 100% sure I was going to make a runway, I'd glide over someplace soft and pop silk every time.