Ah, I disagree with valveman about using a CSV or an M4 safety switch. If you have a deep well jet pump with a regulator on the pump I would say that a CSV is in-compatible with that type of pump. The reason being that a deep well pump should already have a regulator built in to hold back-pressure on the pump to operate the jet. A jet pump regulator and a CSV regulator work in almost exactly opposite ways. The jet pump regulator controls how much back-pressure is fed to the jet and the CSV controls how much pressure is on the user side. Also, a jet pump doesn't make nearly enough water to warrant a CSV. If a shallow well jet pump then I would say that a CSV will work fine but still not really necessarily.
The M4 switch is more of a nuisance. With a jet pump they cannot make nearly as much water as a submersible and you'll find yourself having to manually hold that lever to get the water pressure back up past the 20-psi cut-off mark. Also, while the safety switch has the pump cut-off you can lose prime to the well if the footvalve or check valve is leaking.
A CSV is compatible with a deep well pump and regulator. Because the CSV and the jet pump backpressure regulator work exactly opposite of each other, they have no effect on each other either. The backpressure regulator will still hold the backpressure needed to make the deep well jet work, while the CSV will still deliver constant pressure downstream of the pump to the user.
I agree depending on the size of the jet pump that it may not produce enough water to make a CSV as useful as it is on larger pumps. But even if the pump only produces 10 GPM, I would not use a really small pressure tank without a CSV.
And yeah I hate M4 pressure switches. You have to go out and hold that lever up to get the water going again after any power outage or other problem. But I still don't know of a better way to shut off the pump in case of a mainline break. It would also be a good thing if the M4 switch shut the pump off when the pump loses prime. But if the foot valve is the only check valve in the system, you won't lose prime. The pump would just cycle even when no water is being used. Either way the foot valve would need to be fixed.