Why convert a raster file to a vector file

Hi Everybody,
I don't understand the purpose of transforming a raster file to a vector
file.
1. True - vector files can be enlarged without loss of detail. However,
the resolution will remain the same as in the original raster file.
Upsizing a vector file does not add anything.
2. On the other hand, upsizing a raster image can sometimes add apparent
resolution. Even bicubic adds pixels by interpolation of adjacent pixels.
Up sizing can also add anti-aliasing to smooth out the jaggies. Steep S
Curves frequently give the impression of greater resolution. Then there are
the super-secret enhancement methods used by the satellite surveillance
people. Last there is always the last ditch Unsharp Mask.
So what am I missing. Why transform a raster file to a vector file.
Phil