What about installing drag shoots for braking. As some of the speeds mentioned the chute maybe the only way to retrieve the situation to a manageable level.
Nice idea, but I suspect, you're thinking that it could be deployed if it's clear that an over-run is going to happen. Unfortunately, as the majority of a brake chute's work is done immediately on deployment at a high TAS, (drag increases as a square of the speed) at this stage it will have little effect and be practically useless. I used to fly a 4-jet which regularly used a brake chute. The majority of it's effect was within the first four seconds after fully deploying. In strong crosswinds, we used to dump it after those four seconds.
For regular use, the time available required to retrieve and re-pack the chutes will really slow down the operation and it won't be cost effective.