I like banana fritters too but far as I can see and from answers I got to the same question, plugs are more for convenience than anything else. I have one set where I've got my centre channel biwired and couldnt get two lots of cable into one set of binding posts but the rest are just stripped and connected to the posts.
Pioneer KRP-600M, Denon AVR-4306, Cambridge Audio Azur 740C, Panasonic DMR-BW500, Monitor Audio RS6 / RSLCR / RSFX, Van Den Hul 'Tea Track' speaker cables, The Thunderline i/c's, Chord Silver Plus1.3 HDMI's, Xbox360, Sennheiser h/p's