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In part that depends on how big a BP install you’re going to have. I would read this: http://wpmu.org/dedicated-or-shared-hosting-for-wordpress-mu/
Basically you’d look at it the same way you’d look at a WPMU site. How much traffic, how many users, how many groups and forums etc etc.
See also: WordPress.org • bbPress.org • BuddyPress.org • Matt • Blog RSS