It is easier to configure (less parameters, there is no need for a window function), offers more flexibility (exponential frequency band; e.g. for music scales) and can reach the Gabor-Heisenberg uncertainty limit without artifacts.
The only downside is that you need to know the entire signal in advance, so it can only be used for recordings.
Shameless self-promo of my implementation: https://github.com/Lichtso/CCWT