While they may be identical algorithmically, I find the while() loop preferable for two reasons.

1. It is more readable (sorry spud. It is. Deal with it.)
2. It is more maintainable (A clearly marked block is always preferable.)

But of course, I think goto has its place, and should occaisonally be used. If you think about it, at the assembly level, goto is the only looping mechanism available. And of course, TIMTOWTDI.