Hey guys, this afternoon I put together a little AM modulator for aligning and testing vintage AM radios, after playing around for a couple of hours I got something that works reasonably well, so I would appreciate any suggestions to improve this.

Schematic
http://u.cubeupload.com/Chryseus/xtw4kN.pngForgot to mention supply is 15V to gnd.
Output, I actually improved this a fair bit by adding 1k in series with the 2.2u

I do have a few specific questions:
What would you consider the best option for the carrier oscillator, 100kHz to 10MHz sine?
The loss in my isolation transformer is very high, what other methods could I use, optical ?
Would I be better off using a higher gain BJT than a JFET, assuming my sources are low impedance ?