I'm very sorry if this is in the wrong area. I couldn't find a better place, and I thought the people here would be the most knowledgeable regarding this issue. On several of my devices, including my Comcast receiver, I have a digital audio out port (not optical). What is this? What is it good for? Is it better or worse than the regular old red/white audio cables?
It's surrounded by the dotted lines:

It's surrounded by the dotted lines:














