It works like a charm with a bluethoot key

Keith, I have a Mac and this is how I got it to work:
Once you have paired your phone (step 1 above) go to bluetooth under system preferences. Select your phone from the options on the left (the default name is LG VX5500). After you have selected your phone, click on the gear icon on the bottom left corner next to the plus and minus, scroll down to Edit Serial Ports. When that comes up you should have two options at the top: LGVX5500-SerialPort-1 (or something close to that) and LGVX5500-DialupNetworki-2 (or something close to that). You want the first one, the one that says SerialPort. Make sure the check box next to the one that says SerialPort is checked. Then you need to select the one that says SerialPort. Once you do, near the bottom of the window there will be a field that says path: /dev/tty.LGVX5500-SerialPort-1 (or something close to that). Copy that text. That text (/dev/tty.LGVX5500-SerialPort-1 for example) is what you need to paste in the field labeled Com Port in BitPim in step 3 above. Then you should just be able to follow the steps as listed above. I hope this helps.

One other thing that I found helpful in BitPim was to go to the View menu and select View Protocol Logging. It was nice to use to see what BitPim was doing while it was accessing the file directory. I’m not sure why, but the first few times I tried to access the file directory, it kept timing out. I’m not sure why. But eventually it did work, and I am not sure what I changed, but it worked.