Depends on the length of the antenna. I'd bet you can get a length close enough to be a quarter-wave 5Ghz and 1/2-wave 2.4ghz antenna. Just buy a 2.4/5Ghz combo antenna and slap the diodes across it.
Oh, I didn't know that and searching for ifh abbreviation on urban dictionary brings back what I think your curious about. Unfortunate coincidence. All my usernames are random strings. Good to know though.
Shorter antenna and faster diode. A Schmitt trigger would allow for much more sensitivity, but it would not be a passive device (requires a power source)