Re: Send & receive SMS via Bluetooth
Conventionally SMS is carrier base supplementary service and stand for "Short Message Service" other type of message transferring exist but they are not call SMS, instead they are call iMessages, Skype messages, BBM, whatsapp etc...
The thing that differentiate SMS with other like services is the fact that SMS use your carrier infrastructure to forward short messages to your correspondent while other services alike use other medium like Bluetooth, Adhoc network, wifi, infrared, direct satellites etc...
You can not call messages receive over Bluetooth an SMS, I mean, it's surely a short message over Bluetooth, but it's not an SMS, the same way BBM or iMessage etc are not SMS.
That been said, there is no inbuilt capabilities in the iPhone currently that can send short messages over Bluetooth at this date, however there could be application in the App Store that does that very well, or perhaps in cydia (require jail breaking the iPhone) Google is our friend.
When no wifi, no carrier available in the range, setting up a Bluetooth connection to exchange messages can become very handy. I think companies or programmers don't spend load of time building and populating Bluetooth messages due to the short range coverage of the Bluetooth network. Obviously, many people still need Bluetooth messages.
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