KAt,
I have no experience with the Apogee product.
Running unbalanced lines always opens the door for interference. Having said that, I do have some unbalanced connections here at my studio that work very well.
I have had problems in getting unbalanced Mac system audio into my Pro Tools hardware, but solved the problem by using non-powered hum-buster, passive transformer boxes.
You say your speakers have balanced audio inputs. TRS or XLR?
If TRS, they may be "smart jacks" as most are today that accept TS or TRS.
Regards,
Ty Ford
PS: about getting away with $79. No one was more surprised than me that iDVD could burn NTSC or DVD discs a the click of a button, rendering standards conversions facilities obsolete.
As the technology changes we can be pleasantly surprised...sometimes.

Want better production audio?:
Ty Ford's Audio Bootcamp Field Guide