Great to see a project like this. I also saw the LiveView going for 20 Euros on Amazon and decided to pick it up. I did read reviews and I was already aware of the issues it had, but for that price, I knew it wouldn't be that much a waste of money.
So far it has "worked", but I think my problems are mostly because I'm on MIUI on my DHD, so nothing is standard. Everytime the connection drops, it asks to pair again (sometimes more than once before it actually does reconnect), and that gets pretty annoying because I have to take my phone out everytime to accept.
I tried some of the tips to get it pairing automatically, and it did work last night but I did something and it's stopped working
I'll tinker again, but great to see someone working on this. It's an awesome little device and people always ask what weird gadget that is on my wrist. It's just embarassing showing them how cool it is when it decides to drop the connection and refuses to pick it up again.
ICS 4.0.4 stock/rooted
Some of the music I've made