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^^Good points, Leah!
I have both and I think it depends on what "look" you're trying to achieve.
I have 4 eternity bangles (2 tcw each) because one didn't have enough bling for me. I got the look I wanted with 4. I also think bangles are a bit more casual. Of course this depends on the carat weight of the bangle.
A TB will give you more bling and, IMHO, a classic look. I do get compliments on both the TB and bangles.
Hi my darling Skyqueen!!
Audrey_S, the other thing I wanted to add. Depending on the size of your bangle, when (and not IF, unfortunately) it hits something at some point the banging will hit the stones. I have a friend whose diamond chipped from the banging on her bangle (it was a relatively loose and bigger-than-usual bangle.)