Blogs Not Visible with WP 3.1, BP 1.2.8 and Membership 1.0.5 or 1.1 beta

I'm running a multi site with WP 3.1, BP 1.2.8 and have tried both Membership 1.0.5 and 1.1 beta

I have a bunch of plugins active but I have tried deactivating each one, one-by-one, and the only plugin causing this issue is Membership.

After I upgraded to WP 3.1, when I have either version of Membership active, the blogs directory does not display blogs. The blogs are displayed fine when Membership is deactivated.