It is a local client so you can get there by car? Sometimes I wish I had a pilot's license.
Lower threshold comes with speed penalties. You'd have to pick one that represents a good compromise.
Of course, then there is the other trick: NRZ magnetic transmission. Essentially a glorified Schmitt trigger with a li'l signal transformer up front. A comparator may be best for that because there you can set the hysteresis, the open collector output is included in the deal, and you can get almost any speed you want. The downside is that the first bit after turning on the circuit is undefined because the center-biased Schmitt will wake up randomly. Can be goosed by the POR/BOR though, which any respectable uC should have anyhow.
I'd use one of the Texas iso-converters. Avoids the hassle of "Oh, someone must have left it on overnight and now the battery is dead".
That's a low stock boutique part, probably have to hurry before they are gone. But 5.5GHz? Yikes. What speed do you really need?