"energy savings are not really demonstrable ( any more than replacement windows) and water savings due to waiting for hot water are nil without tandem installation of pex."
What does pex tubing have to do with water savings using recirculation for DHW? Recirc can be used on almost all pipe materials except for any "plastic" not rated for DHW. The recirc line does not even have to be the same material or size. They probably should be within the insulated envelope though as keeping them hot will increase radiant heat loss.
One hotel where I stayed had way too large a recirc pump. It was so noisy all night long. It may have been that way to try to compensate for poor plumbing layout. In one house I built I had a tiny 3/8 in. line from the kids bathroom which was about 70 feet from the water heater and used a small bronze pump on a timer. Ran in the morning and evening only and was silent. All insulated copper pipe.

