According to the official Sony Ericsson Product Blog, the company will roll out an update via its SE Update Service in January that should address connection issues between the wrist-worn display remote control and Android phones.
@TatWza

Other “minor issues” will be solved with updates to the LiveView Application in the Android Market, though SE isn’t clear on when those might be made available — hopefully soon because we can’t wait for this device to finally achieve its potential.