S-33 will take the higher alcohol level without a problem; it works beautifully upwards of 7.5 or 8, but will take levels as high as 11.5 For a homebrew system, it might help to use it as you push the bottom end of attenuation for a higher grav beer.
S-04 isn't specially bred for high alcohol like the S-33 is, but I used it on a commercial system for over a year and never had any problems with our IPA that's around 7%. I also like S-04 because it's wicked fast, ferments with clean flavours, and drops out better than any other yeast I've ever used.
Long story short, both yeasts work just fine - try one, and see what happens! You could also brew a double batch, and pitch onto two separate primary fermenters, and compare them for yourself. Have fun!