Generally, coaxial connection is preferred over toslink because of digital jitter concerns. I personally have not heard differences switching between the two though.
Monster produces good product and fantastic marketing, which helps explain the higher price. Monster also features RCA connectors that grip the jack so tightly you may experience damage to jacks that are not chassis mounted. I would recommend one of the smaller manufactuers that don't market the hell out of their products: BetterCables, VH Audio, RS Audio are all excellent (and affordable) options that may serve you alot longer than entry level Monster Cable
Monster produces good product and fantastic marketing, which helps explain the higher price. Monster also features RCA connectors that grip the jack so tightly you may experience damage to jacks that are not chassis mounted. I would recommend one of the smaller manufactuers that don't market the hell out of their products: BetterCables, VH Audio, RS Audio are all excellent (and affordable) options that may serve you alot longer than entry level Monster Cable