Reading purely for entertainment/enjoyment, who cares if it's an audiobook or text? But as far as studying/retaining information/understanding complex material, I have to go with text. Possibly text in conjunction with listening.
If you're trying to study something, you can't highlight significant passages, or easily go back to review something when you're relying on a audiobook. Sometimes even in fiction, not seeing text can make for extra difficulty--as in a book I was listening to where a character was deciphering a simple code step by step, which would have been easy to follow in text, but was absurdly confusing in audio.
I love my audiobooks; they're my preferred mode of reading at this point. But I am skeptical of any claims that they are just as good as text for learning and retaining information.
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