Two polysiloxanes having different chemical structures were blended with polycarbonate (PC) under ultrasonic irradiation in solution. The polysiloxanes used were poly(methylphenyl siloxane) and vinyl-terminated poly(dimethyl siloxane). It was of primary interest to investigate the effect of polysiloxane structure on the rheological properties of PC/polysiloxane blends. It was found that a small amount (1.5 phr) of polysiloxanes greatly altered the melt viscosities and elasticity of PC. In particular, incorporation of poly(methylphenylsiloxane) led to a notable increase in elasticity with greater shear sensitivity of PC. The observed rheological behaviors of PC/polysiloxane blends were partly explained in conjunction with the tendencies found in ultrasonic degradation of polysiloxanes. Thermal stability and morphology in sonicated blends of PC/polysiloxane blends were also discussed.