Wouldn't you normally mix down on the receive side for better SNR? Doppler should be pretty negligible, so if your LO tracks the output the receive side could probably be an audio ADC.
Power on the output side is the big one for sure, however. Also I'm not sure the transducers cited are anywhere near big enough.
Power on the output side is the big one for sure, however. Also I'm not sure the transducers cited are anywhere near big enough.