Assuming that feed water is being used as the coolant, a multi-stage ejector will provide the best reliability with a tolerable thermodynamic penalty. Liquid ring pumps can serve well, but their true efficiency is easily over-estimated. Liquid ring pumps can serve well for start-up duty with the ejectors being used for continuing operation. The cautions regarding maintenance requirements for liquid ring pumps are well deserved. Due to the lack of moving parts, ejectors systems are some of the most reliable devices in existence.
The details of the specific application will control the ultimate choice of equipment. Take care in the system energy analysis to account for the effects of the steam source and the feed water heating effects of the ejector system vs. the true cost of electric power and water consumption of liquid ring pumps. The electric power for the liquid ring pump comes from the end-product of the system rather than some mid-cycle extraction point for the steam.
Liquid ring pumps cannot be expected to pull as deep a vacuum as ejectors, but ejectors can work nicely in series with a liquid ring pump serving as the last stage to get the necessary deep vacuum while consuming less steam if that is actually beneficial for the particular system.
Valuable advice from a professor many years ago: First, design for graceful failure. Everything we build will eventually fail, so we must strive to avoid injuries or secondary damage when that failure occurs. Only then can practicality and economics be properly considered.