Actually NEM 110 and NEM 310 allow up to 0.2 mm deviation for the rail distance. So if you'd build your own TT:120 tracks with the scale correct 11.9583 mm gauge you'd still be perfectly within the spec and have absolutly no issue with available rolling stock... 😉
Moving from DCC to Bluetooth seems like a very interesting step. Does Hornby plan to document the Bluetooth protocol, so that it can be supported by model control systems for PC, like Rocrail, or iTrain, and the like?