Perhaps in theory. But I’ve made bell reflectors for my tubes and have had them installed for a couple of weeks and they do increase the overall brightness of the tank, especially in the pre-noon morning hours and later in the after noon when the sun is lower in the sky and not directly overhead. They also have helped even the light out as the day transitions from morning to late afternoon. I’ve had my tubes without reflectors for 3.5 years and I can definitely see the improvement with the reflectors. So in actual application they provide a bit more than just decoration. The effect isn’t hugely dramatic though (i.e. it won’t make the difference between the tubes working or not working), but they are an improvement and worth doing IMO. As to which shape is better, bell or funnel, that’s an interesting question. I think the bell is sort of funnel shaped, albeit a curved funnel, but it might be worth looking at if a straight funnel is better than a curved one. As far as all the light greater than a 45 deg angle reflecting off the water, I assume that would be true if the surface was perfectly flat and smooth, but with all the current in my tank, the surface is constantly rippling and agitated, so I doubt that most of it is just reflecting off. But if it is, maybe some of it is getting caught and reflected back down by the bells.