If White has far superior ko threats, then this sequence can be expected. So the monkey jump is better by 2 points. (The two points marked with a Square).
If Black can win the ko, White can reply like this, essentially reverting to the original monkey jump diagram. So the one-space jump is never better. (This may, of course, be different in other circumstances.) (White 11 connects at c.)
Harpreet: If I'm not mistaken, black would play like this if there are enough ko threats for him. 5 at 6 is not possible.
[1] dnerra: These values assume that White's hane, after preventing the monkey jump by a block on the second line, would be sente.
See Also: Monkey jump and ko