Indeed, by my reckoning, 120 people have died in 58 Cirrus fatal accidents where the pilot faced a scenario in which another pilot pulled the red CAPS handle and all survived. That is, in similar scenarios, one pilot pulled and all lived while another pilot didn't pull and all died.
Consequently, in about 2007, the Cirrus community really worked on bringing the consideration of the use of CAPS from "last resort" to "first consider." The POH actually used the phrase "last resort" and we believe that enabled too many instructors and pilots to dismiss the need or use of the parachute in a Cirrus -- with deadly consequences. And the concept of "Consider CAPS" as the first step in an emergency procedure was to build in awareness. We teach that the answer should never be "No" but instead always "Not yet." From interviewing pilots who have subsequently used CAPS, they report exactly this decision process -- do I need CAPS now, and if not keep it in the front of mind before I get too fast or too low.
IMHO, the community response to your question has made significant improvements in pilot decision-making when flying Cirrus aircraft.
Cheers
Rick