The main advantage of this cable is its length allowing to deport a screen (single or sub) at a distance from the computer station. For my part, it is connected to a multi-screen machine (server) that is hidden in a closet for sound and heat disolation reasons. For the rest it is a coaxial cable of quality that meets the standard criteria lossless / The display definition.
For current standard display needs a shorter cable will be good enough (2-3m) and cost much less sure.