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Optical audio (toslink) vs. HDMI: any difference ...
https://www.satelliteguys.us/xen/threads/optical-audio-toslink-vs-hdmi-any-difference.171553/#:~:text=In%20general%2C%20HDMI%20is%20a%20much%20better%20audio,example%2C%20do%20not%20support%20advanced%20audio%20over%20HDMI.
HDMI ARC vs Optical (TOSLINK): Which Connection is …
https://gekbuzz.com/hdmi-arc-vs-optical/
You will still find an optical audio port in most televisions and audio devices, but its use case is quite limited compared to HDMI. Cables that carry optical audio are generally known as TOSLINK (Toshiba Link). While a regular user won’t be able to notice any difference in audio quality over HDMI or TOSLINK, there are a handful of exceptions.
Toslink vs HDMI audio - AVS Forum
https://www.avsforum.com/threads/toslink-vs-hdmi-audio.1105574/
You'd need an HDMI audio capable receiver for HDMI, whereas just about all modern receivers have toslink inputs. If you plan on doing TrueHD, and I'm not saying do or don't, then you need either HDMI or multichannel analog audio. Toslink doesn't carry those higher resolution codecs.
HDMI vs. toslink audio quality question - Apple Community
https://discussions.apple.com/thread/2715812
TOSLink has much higher audio bandwidth than HDMI: 125Mb/s versus 36.86Mb/s. This may be more significant for multi-channel audio, though, since even 320Kbps should cover your needs. TOSLink is also completely immune to electrical interference, so you don't need to worry about where you run the cables.
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