Hi Steve. Different wavelets are designed to optimize different criteria. Morlet wavelets are great because they are smooth and narrow in the frequency domain. Daubechie wavelets have some nice time-domain properties, but they have energy at multiple peaks in the frequency domain, so they would be harder to interpret in terms of narrowband responses, and therefore also less conducive to building time-frequency plots. But I also must admit that I haven't done a thorough investigation, so if you are curious about it, go for it and let us know what you find ;)