Man! I can't imagine dealing with binding posts. They are completely awful to use. You DO have a chance to short them out if you aren't careful. Had a client kill his amp because he had too much wire sticking through. Obviously a silly error, but it is one that is easy to make when the posts are so close together and it isn't always easy to get behind things to look at them directly to see how things fit.
I've been using double screw banana plugs for around 20 years now and haven't had a single issue with any installation where they have been used. Takes a while the first time I terminate them, but then the installation and any follow up service work has been a breeze. I've swapped out AV receivers in minutes because of the plugs being in place. Super easy way of doing things overall.
Of course, on the budget of
@Kingnoob I think I might just use bare wire.
Do keep in mind that I typically perform cable management on my setups, so there isn't a lot of heavy pulling on any plugs that I am working with.