There is a lot of chatter about wanting the plugin creator to update bp-events to work with Buddypress version 1.2, and so far it hasn’t happened, however, this guy has ported it for us so kindly:
http://codewarrior.getpaidfrom.us/2010/04/21/buddypress-event-plugin-for-1-2/
Read moreMaking bp-events work on BuddyPress 1.2 (with invites working)