When do you use StringBuilder.AppendLine/string.Format vs. StringBuilder.AppendFormat?

Question

A recent question came up about using String.Format(). Part of my answer included a suggestion to use StringBuilder.AppendLine(string.Format(...)). Jon Skeet suggested this was

Answer 1

String.format creates a StringBuilder object internally. By doing

sbuilder.AppendLine( String.Format( "{0} line", "First"));

an additional instance of string builder, with all of its overhead is created.

---

Reflector on mscorlib, Commonlauageruntimelibary, System.String.Format

public static string Format(IFormatProvider provider, string format, params object[] args)
{
    if ((format == null) || (args == null))
    {
        throw new ArgumentNullException((format == null) ? "format" : "args");
    }
    StringBuilder builder = new StringBuilder(format.Length + (args.Length * 8));
    builder.AppendFormat(provider, format, args);
    return builder.ToString();
}