We’re looking for testers, so if the project interests you, give it a shot and please report any bugs you find. Each component and theme will be upgraded to a final 1.0 version once it’s clear that it’s running with no major problems.
If you’re interested in testing BuddyPress without downloading and installing it, head on over to the demo site and register for an account there. The demo site runs the latest development release of BuddyPress.
For more information on the release, check out the blog post on the BuddyPress website.