If you update to WordPress 3.2 and use the
bp-default theme or a child of it, you’ll need to immediately update to BuddyPress 1.2.9 to keep your site functional.
In the announcement, John James Jacoby made sure to note that this does not use bbPress 2.0 just yet. That will have to wait for a future update.
Have you safely upgraded your installation of BuddyPress? Did you run into any problems with the update and the move to WordPress 3.2?