Both Tallit (of any variety) and Tefilin have the same operative principle: the one bracha you say covers all instances of wearing, as long as when you take it off you have in mind to put it back on, and you're never in a position where you couldn't be wearing it.
For tefilin, if I have in mind to wear my tefilin for ten minutes, then remove them for ten minutes to help carry groceries (an act which theoretically doesn't require tefilin removal), then put them back on, only one bracha is needed. If, however, I stop and use the bathroom (in which tefilin can't be worn), a new bracha is needed upon re-application of the tefilin.
For a tallit big or small, in theory it can remain worn in the bathroom -- common practice is not to wear a tallit gadol in the bathroom, out of respect for its status as a garment usually reserved for prayer, but that's not an absolute requirement. Hence my first bracha covers any intended removal and re-wearing. (But not if it suddenly, unintentionally, completely falls off.)
In Ashkenazic practice, the optimal blessing for a tallit -- to wrap oneself in tzitzit -- is said only on a talit gadol. For a *tallit katan", we're not sure it's quite up to that level, so it gets a lesser blessing, regarding the mitzva of tzitzit. So rather than have in mind, when doing the lesser blessing, to cover the better one, we wait for the better opportunity to say the better blessing.
Does that answer your question?