BP FriendPress is a BuddyPress plugin by Shawn38 that makes BuddyPress specific pages private so logged out users cannot view BP pages making more of a private community.
It also has selectable admin panel for the activity stream so admins can filter what kind of activity stream is delivered to the user.
Choices are Personal Profile / Personal Activity, Current User / Friends Activity(facebook style), and Just Friends Activity.
Download: http://wordpress.org/extend/plugins/buddypress-friendpress/
