As an added note, balanced interconnections are more commonly used in professional environments. The reason is that equipment is located all over the place and you might have a long run of wiring, say a 75' microphone cable. A unbalanced cable of this length would be much more subject to noise pickup. A true balanced circuit has a high "common mode rejection ratio" that makes it much quieter with long cable runs or in a noisy EMI environment.
Most home systems don't have these problems to the same extent so the primary advantage of a balanced mode isn't as big an issue. That is not to say you will not hear a difference between the two connections. However, it could turn out that you might prefer the unbalanced connection. The only way to find out is to try your setup both ways.
If you currently don't have equipment that offers a balanced connection it is not something I'd lose any sleep over if you like the way your system sounds.
Most home systems don't have these problems to the same extent so the primary advantage of a balanced mode isn't as big an issue. That is not to say you will not hear a difference between the two connections. However, it could turn out that you might prefer the unbalanced connection. The only way to find out is to try your setup both ways.
If you currently don't have equipment that offers a balanced connection it is not something I'd lose any sleep over if you like the way your system sounds.