People watched too much Sci-Fi movie
Wait a minute... WHO said that Handoff "must" rely on Bluetooth LE ? They didn't say any sentence with the word "Bluetooth" in the whole keynote speech! Besides, Craig had showed a photo that you can leave you phone in other room while talking on you Mac !
The whole idea of Handoff can be achieved gracefully with Bonjour over WiFi. The iCloud binding is enough for identification. They may add Bluetooth ability for faster response, but it's not a "must-have" component in the whole scenery.
Someone may argue that Handoff would apply proximation sensing. But people don't understand: proximation is NOT equal to Bluetooth LE.
Bluetooth LE and classic Bluetooth are completely two different technologies. Bluetooth LE is focused on low power / low speed communication. It has implemented strong forward error correction encodings over extra redundant symbols, so that you can still get the message when the SNR is extremely poor. That's useful for applications in busy channels, or OVER LONG RANGES. By theory, Bluetooth LE with default transmission power could cover the range about 100 ft., which is even longer than a non-amplified WiFi station, and that makes "proximation" meaningless.
Bluetooth LE COULD be used for proximation sensing, but that needs lots of fine-tune works on antenna gain, antenna angle and transmission power; that's exactly what they do with iBeacon. It's not something can be done by none experienced uses.
Besides, the whole "LE" thing had became a myth. The so call "Low Power" is a comparative phrase. Bluetooth consumes much less power than GPRS/3G during transmission, but it consumes approximately similar power (typically 20 to 40 milliamps) while listening comparing to WiFi. The superior property of Bluetooth is its light weight -- the processor and baseband circuit can be rapidly switched between sleep and active mode in few hundreds microseconds, which makes it an ideal solution for presence detection -- and wake up the other components and "trigger" actions, for example, performing Bonjour discovering over WiFi.
In other word, Bluetooth LE is good for fast pairing; but it's NOT necessary. And it can NOT provide accurate positioning information, unless you're an RF expert.
If proximation is required in an application, classic Bluetooth is far more accurate and much easier to setup.