Yes, yes, yes, yes.
The computer knows it's there and I get the icon in the menu bar. System Profiler sees it and I get the icon in System Preferences.
Targus says it's Mac compatible. I have the basic V3 from T-Mobile and BT was turned on on the phone.
Have tried it on 3 different Macs with no success, but it works with a PC (I washed my hands afterwards). Damned if I know what the problem is. I'll mess with it more tonight after work.