Now if the chute means the risk level is raised and the perceived skill requirement is lower because of it then the CAP is a bad idea. If it makes no difference its a good one.
That is a bit simplistic.
You might fly at night with a chute, but not fly at night without one, you might fly over a low undercast with one, not without, you might fly over the north sea in winter with and not without - you get the idea.
Most SEP pilots skill level at handling a FL is poor and this is a skill I suspect many Cirrus pilots seldom refresh but given the former maybe that is no bad thing.