Artie, you're talking about some highly overwound PU's, which isn't the case for many of us. In bridge PU's that aren't as heavily dosed in testosterone, splitting a '59B to coil cut for example, gives a decent tone, but in parallel is next to useless (at least for the bridge position). Although the ohms drop to 25%, I know that the output doesn't decrease by that much; I believe I read that parallel output is 70% of series. But still, in parallel you get such a weak, thin sound unless you either limit it to neck PU's, or start with a sizzling overwound bridge PU.
The main argument I see presented for parallel is its noise reduction, not tone quality. After trying both, some of us would rather live with a little hum, rather than lose so much volume, sustain, mids, & lows. I just don't see where I could use it.