Blank Site Once Template Activated on Install

First off I am using Wordpress 2.9.2 and buddypress 1.2.3 and recently tried to install the BP Daily template but I am having problems. I have followed the instructions and both BP-Daily and BP-Daily-Child are located in my /wp-content/themes directory but once I activate either one I lost access to all of my site. When you reload the page or try to visit any of the pages, directories its blank. The only way I can see the site again is by deleting the BP Daily folder. I am not sure what I am missing here but I would appreciate any help. I have installed several other themes without issue. The only other clue I can give you is that the theme does not even display in preview.

If you need to know anything further please let me know.

Thank you

Jake