Yeah I mean bailing on a plane that keeps going for 10+ more minutes was never going to be a good look
There's no shortage of "planes that can no longer maintain flight" according to all sorts of standards continuing to do so - a few that come to mind were a B-36 that had several engines fail and several others unable to make full rated power, was unable to hold altitude, and so the crew bailed out. The plane somehow managed another 200 miles before crashing.
There was that F-15 that lost a wing from a midair collision, and the pilot landed safely - because neither the pilot nor the instructor could tell exactly what was missing, and the escaping fuel vapor hid the extent of the damage from other planes in the flight. After landing with one wing, even the manufacturer didn't believe that the plane could fly in that condition.
You have to make what is, often, a split second decision based on incomplete information, and after the Air Force lost a wave of pilots trying to save aircraft that could not be saved, the training switched around to "When in doubt, eject."
Anyway, it's pretty easy to quarterback it from after the fact, but a highly trained pilot decided, based on everything he knew, that the plane couldn't be saved, ejected, and survived. Yes, there are consequences to that action, but if he stayed with it and was wrong, there would be far more terminal consequences.