In fact cloaked intercept has nothing to do with "cloak"
So if you set your mission to intercept your ships are NOT cloaked even though that is exactly what is called cloaked intercept.
So if your enemy uses the kill mission or PE Birds he attacks your uncloaked ships.
Cloaked intercept has one big advantage. You ALWAYS fight the ship you wanted to intercept first.
Imagine followin situation:
you have a few Diamond Flames attacking a carrier fleet. You need at least two Diamonds for every big carrier (no webs allowed in my scenario). As soon as your last diamond kills a carrier it gets blown away by the next carrier.
NOT if you are using cloaked intercept with your darkwings!
You just let two Darkwings intercept each Virgo (good example) and that's it. Two Darkwings kill a Virgo and the second damaged Darkwing won't fight a new Virgo because the other Darkwings interceptin the next Virgo fight first.
If you have 4 Darkwings attacking 2 Virgos without cloaked intercept you will lose the first Darkwing (of corse) and then kill a Virgo. The second Virgo will kill the damaged Darkwing without being damaged and can kill the third Darkwing too before the last Darkwing kills the second Virgo.
WITH cloaked intercept your first Darkwing will be destroyed and the second one damaged. These two ships were interceptin Virgo 1. The other two Darkwings are intercepting Virgo 2 and that means that only one other Darkwing will be killed.
That is cloaked intercept... it just saved you one Darkwing. When you attack 5 Virgos with 10 Darkwings you only lose 5 instead of 9!!!
And always remember that Donovan's helppages are your best friend.
Oderint dum metuant.
Bella gerant alii, tu, felix Austria, nube!