In quantum mechanics, a physical system corresponds to a Hilbert space $\mathscr{H}$. States correspond (not in a one-to-one way) to points in $\mathscr{H}$ and the physical postulate is that the "transition amplitude" (a complex number) from a state corresponding to $v$ into a state corresponding to $u$ is given by: $$ \mathscr{A}(v\to u) = \frac{\langle v,u \rangle}{\sqrt{\langle v,v \rangle\langle u,u \rangle}}$$
Where the physical meaning of the transition amplitude is that if you take the squared absolute value of this complex number, you get the actual probability of the system going from the state corresponding to $v$ into the state corresponding to $u$.
My question is: is there any physical information contained in the phase of $\mathscr{A}(v\to u)$?
If yes:
1) What is this meaning and how do we measure it in the laboratory?
2) When working with projective Hilbert spaces, this information (AFAIK) has to be discarded, because the transition amplitude between two rays (a ray is defined as an equivalence class of $\mathscr{H}$: the equivalence class corresponding to $v\in\mathscr{H}-\{0\}$ is given by $\left[v\right]\equiv\{u\in\mathscr{H}|\exists\lambda\in\mathbb{C}:u=\lambda v\}$) is defined as (for example Bargmann 1964): $$ \mathscr{A}(\left[v\right]\to \left[u\right]) = \left|\frac{\langle v,u \rangle}{\sqrt{\langle v,v \rangle\langle u,u \rangle}}\right|$$ and this seems like a sensible definition because otherwise, setting $$ \mathscr{A}(\left[v\right]\to \left[u\right]) = \frac{\langle v,u \rangle}{\sqrt{\langle v,v \rangle\langle u,u \rangle}}$$ results in a not well-defined map $\mathscr{A}$.
Thus, if indeed this information is discarded when working with projective Hilbert spaces, why is it allowed to discard it if it contains physical information?