Kontsevich’s characteristic classes are invariants of framed smooth fiber bundles with homology sphere fibers. It was shown by Watanabe that they can be used to distinguish smooth -bundles that are all trivial as topological fiber bundles. In this article we show that this ability of Kontsevich’s classes is a manifestation of the following principle: the ``real blow-up’’ construction on a smooth manifold essentially depends on its smooth structure and thus, given a smooth manifold (or smooth fiber bundle) , the topological invariants of spaces constructed from by real blow-ups could potentially differentiate smooth structures on . The main theorem says that Kontsevich’s characteristic classes of a smooth framed bundle are determined by the topology of the 2-point configuration space bundle of and framing data.

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