I use the distribution to a PS3 and an Xbox 360 to connect to my somewhat older Denon 5.1 receivers because it only has a TOSLINK input. Quick connect and tested and both consoles have digital sound. Cables have a firm grip, I did not have to fiddle around a long time and certainly not drill anything as I have read here in a rating.
Of course, always one of the two devices must be switched off, but who has two game consoles running simultaneously. Works even if the PS3 is on standby. So looking from me the full rating and a big recommendation for the people a cheap solution.