IMHO, the point of suspending a pot over a fire is more even heating. Sure you can set a pot on coals and heat that way but air does not flow as freely and sometimes it scorches more. The scorching happens especially if the walls of the pot are thinner rather than like in dutch oven cooking where you are dealing with thick walled cast iron.
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"I had rather be right, than consistent" - Winston Churchill (Colquhoun - "Se je pui")