ORIGINAL: FreakyDude
A 4 ohm will be louder but will absorb more battery, and 8 will not be so loud but better battery life.
This may be true if the speaker efficiency (in dB sensitivity) is the same, but frequently 4-Ohm speakers are much less efficient than 8-Ohm speakers, so most 8-Ohm speakers will sound louder than a 4-Ohm.