> Now, from a perspective of impedance matching, wouldn't it 
> make sense to 
> use a circulator at the input of the reciever so that it is 
> also matched 
> to 50-ohms?

At first glance it might seem like a good idea, until you consider that
circulators aren't linear devices; they can produce mix products and
harmonics within.  At low receive signal levels this isn't a problem because
the IM products are substantially lower in amplitude than the fundamentals,
but in the presence of one or more strong signals, it could be an issue...

                                --- Jeff

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