I could help on this, but I will have to do it in my spare time because I am pretty busy. I propose making it a premium plugin because it would help the future development. @juanmaguerrero whoever told you to stick the preloader.gif where you specified is wrong. It should always have its own folder in the plugin for instance wp-content/plugins/ bp-auto-load-activity/includes/preloader.gif. You should never save the preloader.gif to buddypress because updates will muck it up. That is my two cents worth anyhow!
