Reliability isn't any different. Don't forget, the differences between the dissipator and the other 16" uppers is cosmetic. The gas block is in the same location, the only difference is the location of the front sight and the length of the handguards.
I personally prefer the balance and looks of the M4 style, but depending on your application, the dissipator can offer some real advantages.
If you use the 3 point or single point tactical type slings that allow you to just drop the weapon if you transition to a handgun, then the dissipator could prevent some burns. The longer handguards cover most of the hot barrel so you are less likely to pick up a burn on your leg, etc.
If you are using iron sights, the longer sight radius allows greater potential accuracy at longer ranges. As was previously stated, if you are using optics, this won't matter.