No, your phone can "talk" to to other phones in regards to swapping pics or sending pics, music and other relevant info.
I have bt phone software where I can control other phones, change volume, make calls with it and similar stuff.
Also, my ericsson's and som of my Nokias can control my PC/LapTop and also be used as modem's via bluetooth..
Only thing I have not checked is to see if it sucessfully connects to a ps3..