I’ll “bump” this one – just getting an install set up now, would like to know if it’s worth trying to get people to use this feature or not, since it seems to be pretty unintuitive. I can see the tag cloud on the side with the standard buddypress theme, but no idea which ones are on my post when I open it to edit and no way to add tags if I forgot one
I had the same error and still wanted to use the theme – after I renamed it and got rid of the error message, I tried disabling the BuddyPress Template Pack plugin I’d installed to try to get a normal WordPress theme to work. Then I went back and applied the same buddypress theme again, this time with no problems.