Regarding reflections, I'm not sure whether they do any harm at all if coax is sufficiently long. Reflection travels back to the source then forth to the receiver. In case transition is already sampled reflection should not harm it.
However the quality of connector is not just about impedance, as jitter is not the only aspect of the transmission.
For the example I've made a coax using cheap Rean (Neutrik) RCA connectors, and in comparison to better RCA connectors the detail and airiness is not on the same level. While the impedance on both is wrong on both and cable length was sufficient to avoid S/PDIF transfer jitter. So I guess the answer for the difference is on the noise side, not on the jitter side. Lousy conducting material (funky alloys), Eddy currents in a meaty metal body...
Recently I've started using Taiwanese RCA connectors from the ebay, which are good for analog connections too. It's one point contact system with minimum metal (tellurium copper) used (hollow centre pin, one point outer contact, plastic socket instead of metal one), similar to Eichmann Bullet RCA's (but much cheaper lol). Person which recommended them replaced his WBT's on his analog interconnect with those, and was amazed of the improvement. He uses similar for digital interconnects too. Because a quality connector is a quality connector wherever you use it - noise is a noise.