Haven't heard if this rumor is true. But I don't think bluetooth is supported.http://developer.android.com/guide/deve ... lator.html
In this release, the limitations of the emulator include:
No support for placing or receiving actual phone calls. You can simulate phone calls (placed and received) through the emulator console, however.
No support for USB connections
No support for camera/video capture (input).
No support for device-attached headphones
No support for determining connected state
No support for determining battery charge level and AC charging state
No support for determining SD card insert/ejectNo support for Bluetooth