If all you have is a 2.0 system you might try using a standard Left/Right patch cord.
But since you are using toslink already...as long as your receiver is set up as a 2 channel system then it should decode the source material down to those two speakers only.
By using the Toslink you are letting the receiver decode the info. If you use L/R patch cordes, then your DVD player etc is doing the decoding. Depending on the hardware, one way might sound better than the other. It depends on the quality of the digital to analog converters (DACs) used in your equipement.
I tried this with my Onkyo DVD player. For this particular model there is no difference. Toslink and L/R patch cord sound the same.
Now, if the "extra" speakers are a no no...have you considered something like this.....The Yamaha
YSP800? It's one unit with many drivers to simulate a 5.1 system by reflecting the surround channels off walls so that it sounds like it is coming from beside/behind you.
I know there are more products out there like this, it's just an example.