simply perform a 360 degree roll
It's not so simple. In the process of rolling the aircraft from wings level 360 degrees to wings level with only aileron inputs a lot of lift is lost, resulting in the aircraft tending to dive.
Once the aircraft exceeds its manuvering speed, pulling out of the dive too aggressively can cause structural failure of the aircraft.
To give go some idea of how much trouble you're in if you wind up too fast in a 20 degree dive: Full thrust of a Cessna 172 at 100 knots, maybe 400 lbs. Gravitational thrusting force: sine 20 degrees × 2400 lbs = around 800 lbs. You pull the throttle back but it's too late, the plane is accelerating, making it even harder to pull out of the dive.
2 choices: break the plane or hit terrain. Simply too dangerous.
The diving issue is exacerbated by forward set weight with tail downtrim, which increases the tendency to nose down while sinking. While a pure longitudinal roll puts very little G stress on the airframe or pilot, rudder and elevator inputs must be added to help keep the nose from dropping. A more rearward CG placement also lessens the tendency to dive by reducing the longitudinal stability of the aircraft.
Proper pilot training and knowledge of the aircraft "safe" envelope is essential to safely performing even slow rolls.