A lot of interesting opinions, but that's all anyone on this site can offer regarding this question. I doubt there is much research or behavioral studies which address the effects - both immediate and long term - of young children who see their father crossdressing as a female. I would guess possible influences or effects would depend upon the specific circumstances and environment, communications, frequency, female attire worn, behavior of parents when dressed, etc. Much would also depend upon the acceptance of the non-dressing parent.
How you dress is only a small part of parenting. If you are a good and loving parent, you will influence your children positively no matter what you wear. BUT - why expose them to any behavior that might have some negative impacts. Until children are mature enough to understand and free from possible teasing if discovery by their friends, I think it is best to keep crossdressing private.