Andy Peatling

techguy

Disables the activation email and automatically activates new users in BuddyPress under a standard WP install and WPMU (multisite). Also, automatically logs in the new user since the account is already active.
Possible Future Features: 
-Option to turn off automatic login 
-Option to not disable email 
-Redirect options after account creation
Known Bugs: 
-Doesn’t do the automatic login if you allow blog creation during the user creation in WPMU (multisite)

BP Disable Activation

Disables the activation email and automatically activates new users in BuddyPress under a standard WP install and WPMU (multisite).

shawfactor

All this plugin does is is change the buddypress signup activation process such that:
When signed up user activates their account, it makes them logged in
Once that user is logged in, they are redirected to their profile
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LH Buddypress login on activation

Makes your buddypress signup process seamless by automatically logging on users who activate their account.

BP Disable Activation vs LH Buddypress login on activation