A discone is about the most basic antenna you can get. The only benefit they have is they are basically "DC to daylight" (Well, not that open, but you get the gist) Zero gain, but wide RX coverage.
If this antenna is planned to be the replacement to the ST-2 (Which it obviously is) then I would surely think it should be at minimum "as good" as the original. (ST-2 is (was) about as good of a scanner antenna you can get)
If it is better, then hell, I may buy two. This is why I'm glad he is continuing his testing, found an error, and is in the process of correcting it, then hopefully testing again, refining it with improvements, because if he can make this bird really sing, users will report their results on here, youtube, etc., and he should be able to sell at least a hundred off this forum alone.
I would think, aside from a freq. dedicated radio antenna, he very well could have the best current production scanner antenna on the market, if he takes the time to continue to refine it and tune it. We shall see.