Simpler yes, but since generally no extra metadata is allocated it is vulnerable to some cryptanalysis notably comparing different snapshots of the drive. Doing this properly requires storing unique keys for different versions of data. Doing this with typical blockdev-level encryption is very expensive (you either need to reduce the effective block size which disrupts lots of software that assumes things about block size or store the data out-of-line (typically at the end of the disk) which requires up to 2x writes. Doing this in the filesystem allows strong encryption with minimal performance impact (as the IV write is co-located with data that is changing anyways).