Multibeam radars (MBRs) enable multiple independent channels by simultaneously exploiting spatial and waveform diversity. Orthogonal waveforms are employed to form multiple independent antenna beams, each one providing a different function and using different dedicated radar resources. This paper investigates sidelobe levels in MBRs and presents a comparison with those of an Electronic Steerable Array (ESA) that employs a single waveform in transmission to generate multiple simultaneous beams. Simulations are carried out for a 3-channel MBR transmitting quasi-orthogonal Linear Frequency Modulated (LFM) waveforms at Ku band. The response of the MBR to an ideal point target as a function of aspect angle as well as that to multiple targets in different locations has been investigated. Results corroborate the analytical findings and show that the sidelobe levels with respect to angle, at the target range, are attenuated by the cross-ambiguity function properties between the waveforms employed. The range response to a target in low channel isolation suffers from cross-channel interference that may alter the noise floor characteristics of the radar, hence stressing the importance of suitable waveform selection.