BuddyPress 2.7.2 is now available. This is a maintenance release and a recommended upgrade for all BuddyPress installations.
BP 2.7.2 fixes a bug which ignored deprecated code being used in existing installations. For more information, see the 2.7.2 milestone on BuddyPress Trac.
Update to BuddyPress 2.7.2 today in your WordPress Dashboard, or by downloading from the wordpress.org plugin repository.
Questions or comments? Check out 2.7.2 changelog, or stop by our support forums or Trac.