Beurling's majorant is defined as the unique entire function $B(z)$ such that the Fourier transform of $B(x)$ is compactly supported in the interval $[-1;1]$, $B(x) \geq \text{sgn}(x)$ and $B(x)$ minimizes the integral, $$ \int_{-\infty}^{\infty} B(x) - \text{sgn}(x) \text{d} x=1 $$
Explicitly,
$$ B(z) = \left ( \frac{\sin (\pi z)}{\pi} \right )^2 \cdot \left ( \frac{2}{z} + \sum_{n = 0}^{\infty} \frac{1}{(z-n)^2} - \sum_{n=1}^{\infty} \frac{1}{(z+n)^2} \right ) $$
Note that by Paley-Wiener the property that the Fourier transform of $B(x)$ is compactly supported in $[-1;1]$ is equivalent to the property that $B(z)$ is a function of exponential type, with $B(z) = O(e^{2 \pi |\Im z|})$.
In general $B(x)$ is also a very good point-wise approximation to $\text{sgn}(x)$ and this makes it a very valuable function when one needs optimal numerical constants. The need for such arises sometimes in analytic number theory, for example.
Seulberg modified Beurling's function, and considered,
$$ S_{+}(z) = \frac{1}{2} B(\delta (z - a)) + \frac{1}{2} B(\delta ( b - z)) $$
This is a very good majorant for the characteristic function of the interval $[a;b]$. Here $\delta$ is a parameter that regulates the quality of the approximation. The price to pay for a larger $\delta$ is that $\hat{S_{+}}(x)$ vanishes when $x$ is larger, i.e when $|x| > \delta$.
Selberg's majorant has the properties that $S_{+}(x) \geq 1$ when $a \leq x \leq b$ and $S_{+}(x) \geq 0$ otherwise. Furthermore $\hat{S_{+}}(x) = 0$ when $|x| \geq \delta$ and finally $$ \int_{-\infty}^{\infty} S_{+}(x) \text{d} x = b - a + \frac{1}{\delta} $$ When $\delta(a-b)$ is an integer this is in fact the optimal majorant satisfying these constraints, but in general it is quite good.
After this long introduction, my question is the following: Is there a known construction of an optimal majorant $M_{+}(x)$ with the following properties,
1) $M_{+}(x) \geq 1$ when $a \leq x \leq b$, and $M_{+}(x) \geq 0$ otherwise
2) The fourier transform of $M_{+}(x)$ is compactly supported in $[-\delta;\delta]$
3) The difference
$$ \int_{-\infty}^{\infty} |M_{+}(x)|^2 \text{d} x - (b-a) $$
is as small as possible? How small can it be, in terms of $\delta$ ? (EDIT: I am particularly interested in upper bounds for the above quantity).
I will be grateful for any insights, references concerning this question. I know that Valeer has done quite some work with Beurling and Selberg's majorants but I haven't been able to locate anything relevant to my question in his publications.
You can view the Selberg majorant approximating the unit interval with $\delta = 3$ at http://www.freeimagehosting.net/xffsu . (If one of the mods could link the image into my question I will be grateful).
