The single line reefing on my P31-2 leads to a Lewmar 30ST winch, so whatever friction there is in the system is immaterial to quickly and easily putting in a reef, as winch power makes light work of the task. An operational issue, to the extent that there is any, is that the reefing line is quite long, as it needs to bring down both the leech and the luff, so setting a reef may take 10-20 turns of the winch, a lot of turns, however light each may be... Any effort to reduce fiction in the system would be of little purpose...