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Well...there it is. I was wondering about whether or not the NTSB was doing a write-up on that thing. Thanks for the post.
I've been told that the drag chute on a FA-20 usually will not deploy under 100 kts. The cone will pop off but the chute won't open.
So if your going to effectively use a drag chute on the FA-20 you need to plan for it. If you figure out your not going to stop and then decide to use it, you will be to late and to slow to get it out.
I know a guy that pulled the chute on 2 separate occasions. He was landing on a non-grooved 5700' runway that was wet. He thought he was not going to get her stopped in time so he pulled the chute. In both occasions the shoot never deployed. Albeit he was able to stop in time.