Re: IMPORTANT — Plugin Devs – Read this
In the change sheet, I see you are calling this on “plugins_loaded” action, that too with default priority level, does that mean, we do not need setup globals/other things using “plugins_loaded” action in our plugins, and we have to stick with this “bp_init” action.
btw, It is a cool idea, I am going to test with the trunk, If it works, It will certainly help 3rd party plugin developers greatly 
Edit: corrected a typo
