Now that the 3rd Generation iPod Touch has Bluetooth, what exactly can I do with it?

I recently bought an 8GB iPod Touch (2nd best investment of my life!), but I don't know exactly what I can use the Bluetooth for. I paired it with my phone, but I haven't found any way to actually use it lol.

Anybody care to explain to what I can do with it? I'm going to take a wild guess and say that I cannot transfer items, but I am also willing to guess that if my laptop had Bluetooth capability, I wouldn't be so confused.

Thanks in advance.
 
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