Sorry to revive this ancient string, but I just joined your august group! It says below: as we are now really only discussing and comparing different cabling, I would not expect cat5, (or the many variations of network cables like CAT5e, CAT6, etc, even shielded, to have as good a common mode rejection as premium audio cables... in addition there are the durability issues...
In fact, the performance of twisted pairs in data cables runs RINGS AROUND the pairs in standard audio cables, especially where the data cables are bonded pairs. The CMRR (common mode rejection ratio) is the best ever maded in bonded data pairs. The key problems using Cat 5e or 6 is shielding is rare, so hard to find and there are only four pairs in a bundle. (There is however a SINGLE pair Cat 5 called Belden 1353A - so you don;t have to buy four. Bonded pair but stranded patch cable consturction so reasonably flexible.) As far as ruggedness, check out tactical Cat 5e (Belden 1305A is the best). In the only test run for flex-life, it went to 900,000 flexes before it broke.