This paper analyzes some operational issues of three-phase surface-mounted permanent magnet synchronous generators (PMSGs) connected to a diode rectifier. This simple configuration coupled to a single-switch dc-dc converter is used in small-scale wind energy conversion systems, as well as in energy harvesting systems, to reduce costs. The diode rectifier causes an intrinsic limit for the maximum convertible power, which is related to the load impedance matching, and additional joule losses due to the distorted currents. By using an analytical steady-state model of the rectifier and of the PMSG, this paper discusses how to achieve two particularly meaningful operating conditions characterized respectively by the maximum power transfer and the maximum power per ampere. The theory is validated by simulation and test results on a prototype.