See this video for a comparison of visibility (not in English, but that's immaterial - set speed to 2x ;)): starting with a "bike ninja" and going all the way to "Christmas tree" https://youtu.be/oAFQ2pAnMFA?t=1m0s
It's from 2011, there's been a lot of improvement in consumer-grade cameras since. Even so, it fits my perception IRL: even a small reflector is orders of magnitude better than no reflector, and adding multiple (esp. covering 360 viewing angles) makes you stand out at night; same goes for pedestrians.