Bob,
Since you've called upon me, I've to do a bit of homework. A quick search got me to an article by Stereophile written by Robert Harley on the effects of cable directionality in digital cables. To summarize, he not only heard a difference in sound directionality but had done measurements to see the RMS jitter drop when he reversed the cable direction. He did the tests five times each on three different cables.
http://www.stereophile.com/features/368/index3.htmlThe measurements done confirmed the reports of the critical listeners that digital interconnects sound different when connected in different directions. There are many interesting variables mentioned as well in affecting the directionality such as how the two RCA plugs were soldered to the cable, any bumps or discontinuities in the solder that will cause a change in characteristic impedance etc.
I believe this report may apply to all cables and not only to digital cable.
Another note in Nordost webpage on the importance of cable directionality that some of you may treat as a marketing ploy.
http://www.nordost.com/faq/morefaq.cfm?startrow=3&maxrows=2I would rather not to comment on whether I heard a difference when I changed the directions of my speaker cables as this may be like asking a question of whether you would hear a difference with power cords. I would suggest to try it out yourself and see. IF you can't hear a difference that let that be it.