I disagree. Cloaky presence is never an issue as long as the pilot is at the keyboard. The problem is that the local resident wants him gone, although both have the right to be in that system for their activities, which are legit for the cloaked player btw.
Stealth is an important element in the setting, and meant to be dangerous (for both sides, which it is). The latest change addresses AFK camping - which is anti-play. Having to deal with a cloaked presence in your system is simply part of the game, with very easy solutions even. That some people don’t enjoy having to deal with it doesn’t mean cloaks should be nerfed in any way.
Being at the keyboard, uncloaking and recloaking every 14 minutes, ensures that the pilot is at least at the keyboard, not AFK. There’s no need to worry about being banned, it’s legit gameplay, maybe not enjoyable for the local resident, but still legit.
Chipping away at the uses for and viability of cloaks one step at a time is not something I’d like to see happening.
Looks like a solution seeking a problem.