1.017 or somewhere around there, does a couple of things for you.
It's cheaper to replace water... you are using 35% less salt, and that adds up pretty fast.
Lower salt means the water can hold more oxygen, which is important if you're cramming a lot of fish in your tank.
And three, and in my mind the most important, low salinity seems to inhibit, if not eradicate, diseases like ich. Arguably, you could skip QT of your fish, which I think is a bad idea but it could be done. Maybe do a FW formalin dip or just a FW dip to get rid of fluke and then splash them right into the main tank. Again, I think it's a bad idea and I use quarantine to get my fish used to eating and healthy before I put them into the display, but it could be done.
Those are what I think the three main reasons are, I'm sure there are others.
Cons are your skimmer wont operate as well, and some people have linked low salinity to liver or else it was kidney problems in fish, but I'm pretty sure that's never been proven conclusively.