BDO, It is in our humble opinion that your tilting mounting method makes the most Sense of all !!!
Most PV panels are usually aimed at the prevailing Sun anyway, so no need for reflectors.. But when it's not practical to have full available sunlight, such as on a Concealed horizontal mounting, A simple reflector/ cover would be a viable alternative, and used "with care" should cause no problems to the PV...The original post was about poor Zuka having his panels nicked'...
Just trying to solve one problem usually creates another...
PS , I like the idea of a cover too to prevent it working when we don't need it ...and possibly protecting from the incidental dead limb or hail damage ...