Guys I have both Optical and Coaxial cables. Both from Monster Cable Home series. What i can really say based on facts is that they both transmit or carry out same digital (0/1) signals. No more no less. The only difference is the medium.
Both Coaxial cables and Optical aka Toslink cables can bring out DTS and DD sound for your system. Based on pure facts, no one has a distinct sound which differs from the other. For they are carrying the same 1/0 signals, That means one cannot say that the Coaxial cable will give you fuller or thicker sound.
These are the difference you get for either of the two:
Coaxial cable is thicker, why? Because it should be heavily shielded. These copper wires on a Coaxial cable can be affected by interferences from your Receiver, DVD player or from power cords. Coaxial cable has the end of a standard RCA jack. Often, these ends are gold plated to ensure proper connection to your system.
Stores prefer coaxial cable. I really don't know why, they said it would really give you thicker sound based on their personal experience. But then again, nothing can prove this.
Optical cable (aka Toslink cable) can be also used in place of a Coaxial cable. It is thinner that a Coaxial cable. Wonder why? because these optical cables use light as the medium to pass those 1 and 0 signals. And light is not interfered by radio signals and magnetic fields emitted by your Receiver, DVD player, Power adapter and all those snakey wires at the back of your system. Therefore, it does not need heavy shielding like a coaxial cable. Gets?
Optical cable has different connectors, it is harder to use because you will need to connect it o your system properly.
Just for a closer comparison,
Optical cables cannot be bent, twisted or abused, whereas coaxial cable can.
Optical cables have poor stability on its connectors, Coaxial cables fit properly and tightly to your devices which I also like.
Coaxial cables can be affected by interferences, whereas Optical cables will never be affected by any magnetic field.
Prefer Optical cables if you will be running it longer than 10 feet. (But I'm sure you won't).
Coaxial cables are cheaper than Optical cables. (My coax cost P1200 and my Optical cost me P1450)
For me , I use my Optical cable for the Playstation 2 (Games often give out 5.1 surround sound). FIY, Playstation 2 only supports Optical connection. And my Coaxial cable for the DVD player.
In the end, let your research and your Wallet be your guide!