Are you familiar with the modulation basics? I'm not sure what your background on these things are, but here's a quick http://my.integritynet.com.au/purdic/fm-receiver-basics.htm" that I found on Google that might prove to be useful to you.
Well I know how the signal is modulated. I'm just curious as to what is involved with de-coding the signals. I've heard of IC's and inductors being used. Also are any filters needed to clean up the signal?