I am always baffled by this idea...and it is due to complete ignorance (on my part).
Can someone give some good detail on this?
There are, in fact, plenty of pilots whose spouses have heard about the chute on the Cirrus and stated that is the plane they're getting, period, end of story, they won't fly on a plane without a chute once they hear of it. (They probably think they float down like a feather, which is not the case.)
There are also good reasons for having the chute: Pilot incapacitation, control failure, and mid-air collision are the big ones. Engine failure over truly inhospitable terrain, maybe, but more on that below.
If I am flying over land that has no great landing spot (which is a LOT of area...like populated areas, or mountains, or trees)...how is a parachute not a better asset than crashing into a tree at 80mph? or into buildings? or trying to land on a freeway only to get caught in a wire, or on an overpass? I just don't see how people don't think having a parachute is a HUGE benefit?
What's to stop you from riding the chute down into a wire, or getting hit by a vehicle on a freeway when you suddenly appear in front of them at 0 mph lateral speed? What's to say you won't land on top of a building, or worse yet, partially on top of the building and you either fall off trying to get out, or the entire plane falls again after the chute has already collapsed?
How about landing on water? Isn't a parachute better?
NO! Part of the design with the chute is that the landing gear is supposed to collapse and absorb some of the energy. That doesn't happen when you hit water - You belly-flop the airplane to a very sudden stop.
I'm aware of two times a Cirrus has been ridden into water under a chute. One of those two, the sudden stop broke the pilot's back. I think if I was faced with a water landing in a plane with a chute, I'd probably not pull it unless the water was really rough. There have been lots of successful ditchings of airplanes, and generally they lead to no injuries at all, and planes flipping over are fairly rare, even with fixed gear - Think about the folks who do the "rooster tails" - On smooth-ish water, you'll "land" the plane on its gear and it won't sink in until it's fairly slow, if you keep your wits about you and keep the yoke/stick full aft after touchdown.
What about a dirt field where you can't see rocks, and large dirt piles and big bushes that seem like they would flip your plane instantly once the front wheel catches it? Wouldn't a parachute be much better than that?
Keep the weight off the nosewheel to the extent possible - Full aft elevator. And it'd have to be a very big rock that was buried quite deep to flip the plane. In most cases, the nosewheel would bash into the rock and knock it out of the way. It might damage or collapse the nose gear, but again you'd have to hit it really hard, and it'd have to be a very large rock, which you should still be able to avoid if you can see.
So yeah - If I had a chute, here's where I'd use it:
1) Control failure, pilot incapacitation, or any but the most minor mid-air collisions (ie plane is no longer flyable).
2) Engine failure over mountains, with no possibilities for a glide to a landable surface
3) Engine failure at night, with no possibility of gliding to a visible landable surface
4) Fuel-fed fire, *after* an emergency descent to ~1000 AGL
Where I wouldn't use it:
1) Engine failures not in the above categories
2) Non-fuel fire, unless no landable areas
3) Water landing
But, the chances of the first list happening are low enough that they're unlikely to be the things that kill me in a small airplane. So, I mitigate the larger risks instead.