[sjspry]

For reception, I prefer the TSOP34456 (Vishay). It is the noise-immune version of the TSOP34856 suitable for indoor use. For the IR diode, I would suggest the TSAL6100, which is frequency matched with the receiver, and has a relatively high drive current. My current project is making lasertag guns, and I can get over 100yds (I can't really measure more than that; could be like 150) when I focus the light semi-coherent with a lens. Nonfocused, I think you should be able to get about 20ft with just the LED, slightly further if you have more than one.

I do have some libraries, but they're for a different protocol. I'm sure there's one floating around though, especially for the Arduino.

EDIT: Instead of the TSOP34456, which uses a carrier of 56kHz, you should probably use the 38kHz (should be TSOP34438) version so as to be compatible with most TV remotes. I believe Vishay also offers some variable carrier receivers too (28-60kHz), should you be interested (I originally chose 56kHz because it allowed me to get a slightly higher data rate).