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The next generation of Bluetooth technology i.e. "Bluetooth 4.0" should complete sometime in June 2010. The new Bluetooth 4.0 is exciting for two main reasons:

Low-power consumption could come in handy for electronics such as pedometers and glucose monitors. Obviously you do not want to keep charging and replacing batteries every few months. Bluetooth’s power consumption will be so minute that the battery can last years. Mobile phones and PCs can definitely use the low-power consumption as well as high speed data transfer rates. In addition, another cumbersome limitation of the current Bluetooth technology is the 30 foot range rule, however Bluetooth 4.0 will make that limits of 200 feet and higher.