They work great especially if you have a water heater in the basement.
Allows hot water at every faucet in seconds.
Cost all most zero run. The heat loss to operate is almost not measurable witha NG system.
No moving parts, no sensors.
The return line is usually 3-4” below the Insulated supply line return and is NOT insulated.
The last three homes have had the loop with no check valves. One thing if the water heater have “heat saver valve” on the top of the heater they must be removed. Heat savers are usually little flap valve. One of the homes was 100’ long ranch........hot water at every faucet with no wait !!!
There have been several other discussions on the Hot water gravity loop or powered recir in the heating and AC a section