Belkin has just announced its Bluetooth Music. It  allows you to stream music from your phone to your stereo. The device is small and compact, and connects via 3.5mm headphone jack to your set of speakers – or your elite Hi-Fi Stereo Set.

The device comes with the bluetooth receiver along with a cable that can attach to your hifi. When you pair your iPhone up to the receiver you can then listen to music from the stereo as well as use your iphone as a remote control to skip though music.She works up to 33 feet away from the receiver—it’s Bluetooth.Belkin’s website very politely points out that that includes all variants of the iPhone, as well as the second generation iPod Touch. The Belkin Bluetooth Music Receiver is available now in the US, priced at $49.99; it’ll arrive in Canada, Europe, Asia and Australia come March 2010.