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Jeff:
Agreed, weight, space & repacking would be
downsides, but wouldn't prop replacement and an engine rebuild cost more than a
chute installation?
Also, if you're on the roll-out, power
off, expecting to stop and find that you're running out of runway, are you
really going to try a go-around?
I envisage this method only as an emergency measure
to avert disaster if one has to land on too short a field or too slick a surface
(or, Grayhawk, experience brake failure). Preventing overrun is optimal, but
even reducing overrun impact speed could reduce injuries and
damage.
JHK
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