I prefer dubbed to subbed; I can just sit back and enjoy.

On the other hand, the more subbed I see, the more I get used to it. I've enjoyed enough subbed stuff at this point that I'm no longer bothered by the prospect.

Subtitled, particularly fansubbed, often seems more honest. If a script goes through the dubbing process, the speakers seem to need to "clean it up."

I also find the cadence of the language, of which I understand just a handful of phrases, adds a better feel to the scene. Sometimes, anime is a huge emo fest. Hearing it, you catch more. The English "actors" never seem to quite nail it.