Nope, I've never seen the screen even start to go black at the edges. If the breathing starts, I just throttle down a bit.
When I'm going fast enough to produce a blackout, I generally either slow down first if I'm attacking, or use the speed to extend if I'm evading.
I think with most planes, once you start a potential blackout turn, by the time it gets to that point, the turn has drained so much speed that the blackout is averted.
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