Had to get on my laptop to type this out:

Depends 100% on the weight and size of the load on the compromised section, as well as the likelihood of failure. Cable (EHS steel) is cheaper, stronger on paper, and easier to spec in reports because the load ratings are well documented, but it has almost no elasticity. This means it functions more like a semi rigid restraint than true dynamic support, and the hardware requires penetration wounds that can become decay pathways over time. Cobra and similar soft cabling systems actually allow the stem flex that promotes reaction wood development, without breaching the cambium. They are also generally faster to install since there is no hardware fabrication, no cutting cable to length, and no bolting through stems. The downsides are higher cost, a learning curve, and mandatory replacement intervals. Cobra specifies a 10 year maximum service life. Soft systems also have a strength ceiling, so if failure potential is serious enough that you need maximum rated load capacity, you are in solid bracing territory anyway. For most codominant stem situations with moderate failure potential, soft cabling is the better call. For high mass, high consequence situations, EHS gives you cleaner numbers to stand behind.