It depends on the transition time. 1m might be perfectly fine with transports that has 15ns transition times. In addition, reflections appear only on impedance boundaries. With a perfect match (rare) there will be no reflections. Very short cables, under a foot, will also work fine. Rule of >1.5m is just for general case of typical transport.
Jitter is basically an added noise. Music free of noise might sound clinical and sterile at first. One person even posted, after listening to jitter supressing DAC, that he preferred all instruments "together" (sound blob) instead of hearing individual instruments. Also, music with added noise can sound more dynamic - like distorted guitar vs clean Jazz guitar. I believe that jitter destroys everything, but we tolerate it since we got used to it.