"It Depends".
1. Both will strip out.
2. The propel nut in MDF or harder sheet goods is a bit easier to install.
3. The Tee-nut is faster, and comes in more varieties.
4. If you have no room to pound a Tee-nut in with a hammer or hammer-like device, you can draw them in with a mating screw. I find this easier with the propel nuts however.
5. If pounding a Tee-nut, do so on the bench to the piece in question before installing, they'll tend to go in better and straighter.
6. If you are drawing either in with a cordless drill-driver bit, use a standard flat washer and an oversized fender washer on the installation bolt/screw, as it will deform the plywood/MDF less when you tighten it down. It's a cosmetic issue mainly.
7. Get them with the longest barrel that will fit in the thickness of material used-they stay in better.
8. Spritz compressed air and check for debris in them before final assembly, it will cut down on mangled threads.
9. "Hopper Feed" style Tee-nuts can give you more clearance for mounting around speaker cutouts-the prongs are paired and opposed vs. evenly spaced around the flange.
Damn, almost made a "Top Ten" list out of this.
Best regards,
John