"As a Reader of a Wikimedia site, I want to quickly get the HTML representation of a common page, and not have to wait for a parse to happen because the parser cache is full of a lot of other data."
I had a hard time formulating this as a user story. Roughly, @cscott estimates that Parsoid output for a page will be about 3x the size of default output, counting the metadata blobs. That means that we might hold 4x the data in the cache for a single page. My completely uneducated guess is that this would hurt cache performance.