Radar Astronomy of solar system objects is actively pursued using FAST, Goldstone 70 m dish, Green Bank and until now Arecibo (some in receive mode only) in order to explore asteroids as they pass near Earth and hopefully don't hit us. They've even been used to find a dead spacecraft in orbit round the moon via passive radar reflection!
So this is on-topic here, as well as in Astronomy SE.
I'm no expert but I'll add some thoughts and will welcome counterargumens.
Receive signal to noise ratio
One large dish has one front-end receiver at temperature $T$ that generates 1 $k_B T \Delta f$ of noise equivalent power or NEP. If instead there were 100 dishes of 0.1 big-dish-diameter each, the received power would be the same but the NEP would be either 10 or 100 times larger. I think it's 10 times larger only, because we need to add amplitudes first then square for coherent interferometry, but I could be wrong.
Multiple dishes allow for a much tighter beam (receive or transmit) so it may offset NEP in some cases.
Gain
Keeping the total areas equal, the one big dish and the 100 dishes of 0.1 big-dish-diameter will have the same receive gain for a given frequency, assuming they have simple receive horns optimized for a diffraction-limited response for the dish they're on. When there are feed horn arrays it gets more complicated1.
The total power received from a given direction to which an array is pointed and phased accordingly is basically the total area of all dishes, assuming they're all steerable as most arrays are.
However for a single fixed dish there are two problems.
- obliquity or cosine theta, since rays coming in at an angle see a reduced cross section, which of course goes to zero at 90 degrees.
- reduced aperture in order to cover more sky in order to reduce aberrations (e.g. spherical!) The "S" in FAST is for spherical. "Although the reflector diameter is 500 metres (1,600 ft), only a circle of 300 m diameter is used (held in the correct parabolic shape and "illuminated" by the receiver) at any one time"
Resolution and beam structure
Interestingly, things are a little different for transmit, and this one of several reasons why deep space ground stations build truly giant single dishes on truly giant steerable platforms instead of lots of smaller dishes properly phased.
While a hard aperture dish will have a roughly Airy disk beam pattern. For the amplitude as a function of angle:
$$E(\theta) = E_0 \frac{2 J_1(k a \sin(\theta))}{k a \sin(\theta)}$$
note: I need to take a break for a bit, will finish this as soon as I can have coffee, breakfast, and then normalize this correctly.
Presumably we can have a (properly phased) radio transmitter with the same power in one big dish or 100 smaller dishes, since for a ground station on the ground there is plenty of power.
However, a sparse array of transmitting dishes will always generate a complex radiation pattern. In addition to the broad envelope produced by the $\lambda/D_{dish}$ of each dish, the much higher resolution of the total array $\lambda/D_{array}$ will really be a complex pattern of tiny spots. If we look at ALMA or even precursors like Meerkat, we see that they try to "mix it up" with a sort of random spiral pattern, rather than a regular array. Why? Because this partially alleviates the problem of the complex fine structure in the beam pattern.
This issue may not be as important for transmitting to a spacecraft in deep space, but it was very important when targeting a dead spacecraft near the Moon (an obviously much larger reflector, though of a different doppler shift).
A single big dish and its cleaner spatial beam pattern is also important for imaging planets using radar. Using delay-doppler one can image a rotating planet's surface even if it is unresolved by the dish, because each latitude will execute a different doppler profile as it first moves towards us then away from us. However, there's no way using Doppler to differentiate the two hemispheres because for axial tilts near perpendicular it's only the absolute value of latitude that matters. Astronomers use the beam pattern of a single large dish to alternate between preferential illumination of one hemisphere, then the other to generate hemisphere contrast, then do a lot of computing.
With the messy fine structure of an array, this might be easier or might be much harder, depending on the size and distance of the object and the specifics of the array.
For further reading on issues of signals, see answers to:
1 Some dishes, and sometimes even arrays of dishes are equipped with focal plane arrays of feed horns that can themselves participate in interferometric imaging: