In a BJT, swapping the emitter and collector leads to a significant reduction in beta and poor voltage breakdown characteristics, while FETs can still function with swapped source and drain, though with altered gate threshold voltage. The emitter is typically more heavily doped than the collector, affecting performance and heat dissipation, as the collector dissipates heat due to voltage drops across it. Operating BJTs in reverse can yield a smaller VECsat but is not a common configuration, as it significantly reduces beta and overall efficiency. The discussion also highlights that power dissipation is primarily at the collector in BJTs, while in FETs, heat is generated towards the drain. Understanding these differences is crucial for effective transistor application and design.