Improving performance, reducing energy consumption and enhancing reliability are three important objectives for embedded computing systems design. In this paper, we study the joint impact of cache size selection on these three objectives. For this purpose, we conduct extensive fault injection experiments on five benchmark examples using a cycle-accurate processor simulator. Performance and reliability are analyzed using the performability metric. Overall, our experiments demonstrate the importance of a careful cache size selection when designing energy-efficient and reliable systems. Furthermore, the experimental results show the existence of optimal or Pareto-optimal cache size selection to optimize the three design objectives