Dream Life Style no question about it. When you get 10 years older, have decided to buy a house or a bigger condo, maybe met that special someone, start considering having dependents (kids or 4 legged creatures or other), your parents start aging, your lifestlye tastes mature, you will be happy for the money.
As long as the work isn't soul sucking, there isn't a question of what to do here. Over time you will see that as you get older, money buys you time and independence, which you may think you might have as a minimum wage work, but you truly don't.
I was once a book store clerk. I busted my ass and made a little over minimum wage. This was when I was in my early and mid twenties. I liked my job, hated the money. I lived frugally and had lots of debt.
Now I am in big time trade publishing, the exact opposite side of the book retail market I once was. I work harder and get paid substantially more. Are there days when I would prefer just working in a bookstore and selling books to customers instead of selling books to various retailers that view the printed word as a widget in most cases? Yes. But I don't have to worry about health care, or debt, or car payments, or house payments. I can spend money at a drop of a hat, I can travel and take time off and not be crippled long term financially. I have savings that will hopefully aid and ensure my financial stability and health for me and my wife and any children we might have. My saving money now allows financial freedom for my kids so they won't have to bare the burden of health care later.
I know you are thinking, health care? You are a young and wonderful 28. Just give it ten short years. Things will start slowing down, and other things will start croping up. The money seem almost excessive to you now. But I think you will be happy with going with the cash in this situation and using your free time to find a creative outlet in something you are passionate about.
Best of luck to you on either decision. Sorry if I rambled in my less than poetic soapbox answer.
-neg