EDITED: My original answer just pointed at the IL for the two techniques; my intent was to suggest that Darren take those as a starting point. Ani (comments) suggested that wasn't enough for a clear answer. I decided to take a look as well, so have posted here an outline of the process I was suggesting to Darren which hopefully shows the process to go through, and reveals how others might be able to immediately say "o, x uses a string::format".
So: naively I'd expect the first to be more efficient
as all the CLR needs to to is combine two strings, whereas the second uses a generalized
method that takes an object and therefore needs to convert that object to
a string. Even if that conversion is trivial it still needs to go through some
plumbing to get to the call before finally finding that the string doesn't need
converting. I took a look at the IL using ildasm to see what was happening -- equally we could use Reflector which would potentially be more readable.
For what it's worth -- I think I'd be using StringBuilder.Append from the
start, in any case.
In the first (+) instance we have a call to String::Concat(string, string) (which does pretty much what you'd expect if you look at the IL), followed by
a Console.WriteLine(string).
IL_000d: call string [mscorlib]System.String::Concat(string,
string)
IL_0012: call void [mscorlib]System.Console::WriteLine(string)
Console.WriteLine(string) effectively just calls TextWriter::WriteLine(string).
So much for the first method.
The second method calls Console.WriteLine(string, object):
IL_000d: call void [mscorlib]System.Console::WriteLine(string,
object)
If we disassemble Console::WriteLine (in mscorlib) we see it calls TextWriter::WriteLine(string, object):
.method public hidebysig static void WriteLine(string format,
object arg0) cil managed
...
IL_0007: callvirt instance void System.IO.TextWriter::WriteLine(string,
object)
which, disassembled, calls String::Format(...):
.method public hidebysig newslot virtual
instance void WriteLine(string format,
object arg0) cil managed
...
IL_0014: call string System.String::Format(class System.IFormatProvider,
string,
In this case, String::Format actually creates a StringBuilder
with the initial string:
.method public hidebysig static string Format(class System.IFormatProvider provider,
string format,
...
IL_0027: newobj instance void System.Text.StringBuilder::.ctor(int32)
then has to call StringBuilder::AppendFormat with the object
IL_0031: callvirt instance class System.Text.StringBuilder System.Text.StringBuilder::AppendFormat(class System.IFormatProvider,
string,
object[])
in order to fill it out. StringBuilder::AppendFormat then has to convert the
object so that it can append it as a string before finally calling TextWriter::WriteLine(string).
Summarising that lot, both eventually call TextWriter::WriteLine(string), so they differ in that
the first calls
String::Concat(string, string)
and the second calls
Console::WriteLine(string, object),
TextWriter::WriteLine(string, object)
String::Format(...).
String::StringBuilder().ctor
String::StringBuilder().AppendFormat(...)
(and plumbing) to basically do the same job.
There's a surprising amount going on under the hood in the
second. StringBuilder::ApendFormat
is easily the most complicated part of all, and in fact my IL isn't good enough
to work out whether it has early escapes if e.g. it finds out that the
object passed is a string ... but the fact that it has to consider it means it
has to do some extra work.
So, there are underlying differences between the two. The first looks more
efficient if you know you have two strings to combine, which may be a benefit. It'd
be interesting to take a look at how the first compares with using a StringBuilder from the outset.
Comments and corrections welcome .. and hope it helps clarify my answer.