I like these CSR BC4 chips!
You can update its firmware to become a sniffer:
www.evilgenius.de/wp-content/uploads/2008/03/diy_bt_sniffer.pdf
You can update its firmware to become a bluetooth node to control GPIO and point to point communication:
http://pfalcon-oe.blogspot.com.br/2012/04/opensource-sensor-node-firmware-for.html
More information about these nice chip:
Flashing a new firmware:
http://byron76.blogspot.com.br/2011/09/i-hope-you-have-good-time-soldering.html
Modifying the firmware from the cheap BC4 module you bought from DX.COM :
http://www.efihacks.com/using-bluetooth-experiences-part-1/
http://www.efihacks.com/using-bluetooth-experiences-part-2/