ALL-I is better in quality and better in cutting.
I respectfully disagree.... as HurtinMinorKey stated, even if you have more bits per frame, those need to represent the full frame, on each frame, while the other one, only the difference so at the end, you see less compression with the IPB than with the ALL-I yes it is easier to edit with it, but if it comes to image quality, I rather have IPB by far.