If the Phantoms are allowed extraordinary equipment based on superior RP and ability of the members, with admin intervention being the only way to gain these items, why couldn't we implement a significantly nerfed cloak for nothing more than an RP item?
Using server-side software there are ways of disabling the abilities of a ship. Example being disabling weapons for the first thirty seconds after deactivating your cloaking device. I'm not saying that's what we should do, I'm just saying your argument is moot when there are ample ways of creating balance with cloaks.