We recently had a chance to check out the Contour Bluetooth App in action. It's not available yet, but will be in the near future.
The main purposes of the app are to help aim your Contour camera and adjust video settings. The app appears to be bug free, but the video transfer is a bit laggy. This is because data can only be transferred so fast via bluetooth. We've been told that they plan to use the bluetooth functionally for more features in the future.
For more information, visit www.contour.com/mobile