Your friend is sadly mistaken as your mac outputs digital. However, toslink is generally considered lower quality than coaxial digital. My understanding is that toslink cable quality matters a lot. I use (when I use toslink) a sysconcept cable. (http://www.sysconcept.ca/product_info.php?cPath=25_29&products_id=219 )
Some time back I had a pop pulse, it was relatively poor quality compared to my trends ud10.1. Its hard to say how the pop-pulse would compare to toslink, but I can tell you that toslink is a little bit more closed in sounding, with a somewhat more shallow soundstage compared to my toslink (set to 16bit output on the mac - it defaults to 24 bit, you need to open audio midi setup)
Some time back I had a pop pulse, it was relatively poor quality compared to my trends ud10.1. Its hard to say how the pop-pulse would compare to toslink, but I can tell you that toslink is a little bit more closed in sounding, with a somewhat more shallow soundstage compared to my toslink (set to 16bit output on the mac - it defaults to 24 bit, you need to open audio midi setup)