[@boonebgorges Keymaster 16 years, 1 month ago]

Do you have the groups component enabled as well?

Also, check out Dashboard > BuddyPress > Forum Setup. Does it tell you that forums are properly installed? If not, go through the install procedure (it takes two clicks). If not, try setting up an existing installation, and make sure that BP points to the correct path of your bb-config.php file.