Yeah gotta say I got pirated once, on a recent CG, dude was in a Cutter.
I stopped gave him a bunch of cargo, then I got him to try his 4 missile pylons vs my 4 point defense, wanted to know if they were effective, they weren't. (very)
Was a fun interaction, though I did feel a bit sorry for the dude, like it really didn't seem worth his while. I left thinking really he's probably wanting people to run so he can go for the kill.
So there's another factor right there, how completely financially unrewarding true piracy is.