The closest answer that I know to your question is that different choices of basis and test functions are going to have different stability properties.
In some cases, you can show that the Galerkin-in-time discretization is equivalent to some conventional differencing or Runge-Kutta scheme, which makes the analysis particularly simple.
For example, CG(1) basis functions with DG(0) test functions is equivalent to the midpoint method, so it converges as $\mathscr{O}(\delta t^2)$ and has a favorable stability region for doing wave-type problems.
Meanwhile using DG(0) basis and test functions is equivalent to the usual 1st-order backward scheme, which has a favorable stability region for parabolic problems.
I'm not sure that there's anything systematic about what kinds of stability regions you can get with continuous or discontinuous elements in time.
There's also a third axis to this, which is what kind of quadrature rule you use once you've picked the trial and test functions.
I'm getting all this not out of a reference on space-time Galerkin methods as such but rather from this book on adaptive FEM by Wolfgang Bangerth.
The only references I've seen on space-time Galerkin use it for specific problems.
I'm not aware of any comprehensive or exhaustive reference on Galerkin-in-time schemes in general, although that might just be ignorance on my end.
If this is what you're looking for, you might have to write it yourself.
I'd love to read it.