Simulate -- no, this mode of operation is rarely if ever modeled. (Possibly the Diodes avalanche parts have models, I forget.)
Breakdown is always between Vces and Vcbo(br). This can be quite a bit higher than the datasheet minimums (a mere 40V!) but you don't really know how much more until actual testing.
Adjusting the base resistor is a good way to find the sweet spot, both in terms of what Vce and Ic is needed for trigger, and over what range stable triggering will occur. I found 4.7k, and 100-120V supply, effective for the Fairchild 2N3904s I have on hand, but YMMV.
Yes, a simple resistor attenuator affords any lower output amplitude.
Tim