Sites count on Buddypress isn't accurate

In Buddypress, on a users profile, blogs that are set on any setting except the top one (searchable) do not appear on a users profile in the listing of Sites that belong to them.

This makes sense in the user browsing the profile is not logged in, but if the blog owner has set their privacy setting to "anyone who is a registered user of the main domain can view", when the user is logged in, this count should take into account the logged in status of the viewer, and populate the Sites listing on the user profiles.

As SuperAdmin I see all of the blogs attached to each user, but as a regular Subscriber on the main domain, this doesn't appear.

I'm not sure if I'm adequately explaining this, so here is a screencast:

http://www.screencast.com/t/NiIq9JC4T