-Simple/More reliable? I'm thinking about the fact that also the canopy (or the cabin's roof) must be jettisoned. It means another ejection mechanism that must activate split seconds before the seat . A trapdoor unlocking and opening backwards (or being pushed by the seats itself) looks a simpler and more reliable mechanism.
I'm skeptical about that. In the B-52, for instance, all six ejection hatches have an initiator which fires when the hatch departs, thereby arming the seat. This safety feature prevents the seat from firing if the hatch fails to jettison. If the hatch initiator malfunctions, there's a "pin pull" control on the seat to override the initiator — after you make sure the hatch has departed! So in the B-52, at least, the ejection sequence involves a sequence of automatic steps whether the ejection is upward or downward.
The flight manual warns that if a downward ejection hatch is dropped when the plane is on the ground, the seat is armed and can fire.
Minimum downward ejection altitude is 800 feet in the B-47. In the B-52 you can escape successfully from 250 feet if the plane is not descending with respect to terrain and has at least 120 knots airspeed.
I don't know what's below the floor in a fighter, but I imagine a downward ejection system would impose annoying constraints on the layout of cables, plumbing, and linkages since there has to be a clear space for the hatch. Also, the structural design has to carry load around the hatch opening unless the hatch is a stressed, load-carrying component.
References:
1B-47E-1, Flight Handbook, USAF Series B-47B and B-47E Aircraft, 30 December 1955.
1B-52H-1, B-52H Flight Manual, 30 July 1980
A safety supplement in the B-52 manual warns that the 250 foot figure is valid only if the downward ejection seat is full forward. If not, the drogue parachute mechanism can be damaged during ejection. The man-seat separator is not affected, but without help from the drogue chute you must be at least 400 feet above ground. That was in 1980; I assume the deficiency has been corrected.