BuddyPress Magazine Bugs or am I too Novice…

Brand new set-up. Got Buddypress Magazine Theme installed on multisite wordpress 3.4.1., and buddypress 1.5.6. Hate to jam so much in one thread, but they are all theme related and its possible that I am doing something wrong to cause all issues:

1- Menu. There is no control for the menu? Since set up, a random menu of pages and categories are loaded. in admin area message says “The current theme does not natively support menus, but you can use the “Custom Menu” widget to add any menus you create here to the theme’s sidebar.” also, no matter what i do in the “menu settings” the menu is jacked up… is this a bug?? http://www.waarba.com/blog/

2- Summary posts on pages do not show the featured images. I am sure that I added featured image at each post… bug?? http://www.waarba.com/blog/

3- The “home” page is set to rotate thru available posts. There is only one post shown in the rotator… bug?? http://www.waarba.com/blog/

thanks in advance for your help