We desperately need movement on this project now! Today Ning announced they are moving to force all networks to either pay up or leave! I help run a very content rich network for arcade collectors, and BuddyPress is a strong contender for our next platform. However, it would be disastrous to walk away from all of the helpful content our users have contributed via hundreds of Forum discussions, hundreds of niche game specific and area specific groups, and even the blog posts!
P.S. I joined the Group for this project, but I have been unable to the discussion area. Please direct me to it if I missed it.