This is entirely a matter of personal preference. Some people think that steak with the bone in tasted better, while others do not feel it makes a difference in flavor. There are several advantages of bone-in. Because bones insulate the steak, the meat next to the bone can come off 10 degrees cooler than the rest of the steak. This is helpful if your family has different preferences. Also, bone-in steaks tend to keep their shape better, making them great for holidays and entertaining. And, of course, the leftover bones can be repurposed into broth. Give this Cowboy Ribeye recipe a try and decide for yourself which you like best!