Ron, a gravity drain holding tank IS considered to be simplicity...
Because no macerator or y-valve is needed...it IS as you described it: a "passthrough" when at sea beyond the 3 miles limit.
But there are downsides: The tank has be several inches above the waterline, which also puts it way above the toilet...which--because too few people have learned to use the dry mode to do more than push the last couple of ounces of water out of the bowl--leaves a LOT of waste/water in the line to run back into the bowl and, unless religiously rinsed out, sit in the hose to permeate it.
Most boats spend far more time INSIDE the "3 mile limit" where the thru-hull must be kept closed than outside it where it can be left open (also not the best idea IMO)...which means that unless the tank is religiously rinsed out, sludge won't just accumulate on the bottom of the tank, it'll pack overboard discharge line to the thru-hull. 3. Even if it doesn't become packed with sludge, the overboard discharge line is always full of waste to permeate the hose. A y-valve that's kept open to the deck pumpout fitting can solve that problem...but the whole idea is supposed to be to eliminate valves and pumps.
And finally, this whole is moot if you're on any inland waters or coastal waters that don't provide immediate access to open ocean at least 3 miles from nearest point on the whole US coastline...'cuz it's illegal to dump a tank or flush directly overboard inside that "3 mile limit." So if you're on the Chesapeake Bay, SF Bay...LIS, any RI waters, most of New England or the FL Keys, the Great Lakes or ANY inland lake or river, there'll be no point in plumbing the tank to dump it overboard because you can't legally do that in your waters. In fact, it's illegal in some states even to have any connected overboard discharge plumbing.