Buddypress compatible membership plugin released - thoughts?

Was just browsing through the buddypress plugins and found this one which is mostly designed for standard wordpress and seems compatible with buddypress.

http://wordpress.org/extend/plugins/s2member

Anyone checked it out? I know something like this is in the works here, but just thought I'd share it in case it sparks any ideas.

Out of the box it doesn't to work with wpmu, unless you add a file to the plugin directory.

Would love to know what you guys think of it?