I'll disagree with the monster cheater for two primary reasons:

1) often a fish doesn't pull the bobber under, sometimes it just jiggles it, that's much easier to read with a dink or thill style float. West Coast floats are typically what I fish any more

2) fat ends of the cheater create drag on the water surafce when reeeling in, disturbing the surface more as well as just flat being tougher, especially when reeling against fast chop

But to each his own!