From the figures you have given, it looks like the modulation frequency might be 40 kHz; the actual data is slower. So, as long as your IR receiver module can handle 40 kHz, decoding the data (pulse widths and spaces), which is in milli seconds, should most certainly be within the scope of PBP.

Depending on the range you expect, even a generic 36 - 38 kHz IR module should work fine at 40 kHz.

Anand