<font color='#000000'>Buddylee~
Heres some info on both.
First of all its a matter of personal preferences, thats not to say that either doens't have its faults.
Coaxial from what I have read can pass through 96kHz/24bit audio, probably cause its characteristics are similar to AES/EBU. Coaxial however is still sent electronically so there are factors such as EMI, RFI, and possibly EMP (rare cases)
Optical seems to be the bells and whistles feature, it can pass through 96kHz/24bit audio, however you need a very well made transport and DAC to do so, something like the MSB with reclocking and jitter reduction. Plus do to the fact that Optical is light based it has constrants that pend on the manufacturers desire to put xxx# of fiber strands in the cable. (not always stated in specs)
~Bob</font>