Plugin Request - Unique Buddypress installs on Multisite ... done right

Is it possible to create a plugin that allows you to install and manage Unique buddypress installs on each of your multisite blogs.

Right now you have to use several plugins as well as make each sub blog a sub network ... which is just overkill unless you actually want more then one network.

Is this technically possible? If it is I would love to brain storm to params for the plugin. I keep running into this exact issue with clients and would love a clean solution.

Plugins currently required:
http://wordpress.org/plugins/bp-multi-network/
http://wordpress.org/plugins/wp-multi-network/