This article describes the realization of a novel approach to short pulse (∼1ns) reflectometry (SPR) recently implemented in the TCV tokamak. Taking advantage of a fast arbitrary waveform generator and vectornetwork-analyzer extension modules, the design offers flexibility regarding pulse output frequency, duration, and repetition rate. Such flexibility allows the instrument to overcome traditional SPR spatial sampling limitations while reducing hardware complexity. In order to measure the group-delay of ns-scale pulses, both traditional analog and novel digital sampling techniques have been explored. A group-delay range resolution of 17ps (2.6mm) in average over the V-band has been achieved with both timing techniques against a waveguide mirror featuring 10dB power fluctuations. Direct pulse sampling during L-mode plasmas shows that reflected pulse widths increase only by 4% in average. However, pulse width dispersion does occur in L-mode plasmas and leads to an increase in the group-delay uncertainty up to 40ps (6mm). Raw histograms of group-delay data show interesting qualitative changes from L to H-mode. Frequency spectra of group-delay data allow the identification of macroscopic density fluctuations as well as edge quasi-coherent modes during ELM-free H-modes. Lastly, fast changes to the density profile have been measured with microsecond time resolution and sub-cm spatial resolution in both O and X-mode polarizations.