Barrel down can damage the crown, which is bad news for accuracy.
Barrel down, as mentioned, can lead to sweeping people when picking up the gun.
Barrel down will cause the action to close (well, boltguns that is), and I prefer to see the open action.
If you stick the barrel into mud, and admittedly you would need to be a compete idiot, but still, a plugged barrel will be an interesting experience next time you pull the trigger.
The stock is heavier, so barrel down is unstable -- more likely to fall over.
The only reason I know of for *storing* a rifle barrel down is the oil thing, which does make a lot of sense.
Quote:
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A broomstick never fires in a house fire.
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You store your guns loaded? Well, not for me to criticize your choices, around here that's illegal, but... really?