That seems like it could work! It also has different antenna options for different uses which would also work for what I had in mind! ( I have 2 projects in mind, 1 is for short range 2-10ft, the other is long range 50ft or so )
EDIT: Yikes! Just saw the prices for the tags, at $25-50/tag its too expensive :( I dont mind if the reader is expensive but the tags must be cheap less than $1 would be ideal