@gist644,
That's some very nice equipment.
I presume the Monster Cable has RCA jacks?
The point of color coding is so the right and left channels don't get reversed. If you always use one color for a given channel, it makes mistakes less likely.
There is no difference in the materials in the wire between right and left. It's
not a case where the right channel likes different materials in the wire than the left channel does. It is just that, if you always use a given color for a channel, you can keep track of your wiring.