BP dual deployment isn't really an option for me, as I live in an apartment, and don't have a safe place to store black powder, so the Chute Release really puts higher flights where you'd really want dual deployment within my reach.
While I did lose a Chute Release in Maine last year, due to dumb bad luck, over all it has saved a lot of my rockets from disappearing. And while the kits I build don't cost much, I do put a lot of time into them, so they are kind of an investment.
It also adds a level of excitement to the flight. As the rocket tumbles from apogee, you wait to see the chute open. When it does, it's another exciting event, where with traditional apogee deployment, the excitement is kind of over once the chute is out, and you just hope it doesn't drift too far.