@ghdprentice The TOSLINK optical link was specifically designed for 2-channel audio for CD quality bandwidth. The interface components at either end are of mature design, not a "throw in" item of questionable design. Optical cables are immune to EMI/RFI and ground loop problems. Optical can have jitter on the order of a few nano-seconds. Any decent DAC will easily deal with that.
SPDIF can suffer EMI/RFI and ground loop issues. A clock signal is embedded that has to be recovered. Potential jitter is data dependent and there are low pass and high pass filtering effects to deal with.
Properly implemented either TOSLINK or SPDIF is more than adequate for high quality serious audio.