It does sound like its the speakers if you tried different software/sources. If you didnt know there was a hissing and other problems with that set that Logitech acknowledged and revised, maybe your set is the old version and faulty to begin with (decoder).
Optical cables are very fragile, avoid bending it even the slightest bit. They are nowhere near the durability of coaxial/RCA. Last, you can try to use any video cable to replace your current coaxial, they are the same. But if I were you, I would just get an exchange or refund since you bought it not too long ago. Exchange it for the Klipsch or Cambridge set!