Great discussion you've started Paulo.
Parachutes are a must for higher level aeros IMHO - especially when you start your training in them and may be prone to falling out of manoeuvres. After that - its how you feel with the aircraft, I'm sure.
In the 2160 - with an instructor like the one I think you're talking about (I'm at the same school I think) - I'd be very happy to land in a field on top of this person (I'm not gay!)!
Seriously, many people wear parachutes in the 2160 (even given its excellent recovery and stability) and I believe it's compulsary in their higher level aircraft.
It's you're choice Paulo - I'm sure you're a big boy and can make you're own decisions (I've heard that rumour about you around the club room!)