I understand that a Parseval frame is one in which both upper and lower frame bounds equal 1. What's the main advantage to having this be the case? Or, more specifically, if I'm constructing a frame for use in signal or image analysis, let's say, then why would I care if it was Parseval or not?
The best answer I can think of is that it's useful to have the canonical dual frame, so you can more easily compute the (least-squares) coordinate representation of vectors wrt the frame. Finding the canonical dual frame might be computationally difficult, but if your frame is Parseval then the frame is self dual, so you automatically have the dual frame.
Related to this is that the reconstruction operator is a coisometry when the frame is Parseval.
Is that it, or is there something I'm overlooking?
Thanks!