New in version 1.2:
<ul>
<li>all changes only for WordPress MU (WPMU)</li>
<li>no changes for normal (single) WordPress</li>
<li>full WordPress MU (WPMU) support</li>
<li>runs on WPMU as an autoactivated plugin</li>
<li>the right place for installation is in wp-content/mu-plugins</li>
<li>activate/deactivate auto tag suggestion is only a site wide option</li>
<li>only site admin(s) can activate/deactivate auto tag suggestion</li>
</ul>
Features of version 1.1 are:
<ul>
<li>Show all your tags in alphabetically order as buttons on every post page</li>
<li>also tags with ‘ and ” in names are supported</li>
<li>To choose a tag, only a simple click on it is needed</li>
<li>All assigned tags are listed in alphabetically order. If you add or remove one or more tags, the tags will be automatically reordered for you</li>
<li>An administrator-option to switching off the auto-tag-complete (also called auto tag suggestion) on the whole WordPress-Blog</li>
<li>Full multi-language support. Translated languages are in the moment: English, German.</li>
</ul>
A complete description with some screenshots you can find on <a href="http://www.im-web-gefunden.de/wordpress-plugins/iwg-faster-tagging/" title="IWG Faster Tagging's Home" rel="nofollow ugc">Plugin Homepage at “im web gefunden”</a>.

IWG Faster Tagging

"IWG Faster Tagging" fixes some disadvantages from the original tagging-system at your editing post page..

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BuddyPress Activity tab is used to output a list of sitewide, member or member’s friends activity. This plugin gets tags from each new blog posts activity and shows the most commonly used. 
BuddyPress Activity Tags doesn’t work with single WordPress installation or Multisite installation without BuddyPress. It must be activated for all sites using “network activate” in the Administration Panel. 
The widget configuration and tags style is based on <a href="https://wordpress.org/extend/plugins/simple-tags/" rel="ugc">Simple Tags plugin</a> by <a href="https://profiles.wordpress.org/users/momo360modena/" rel="nofollow ugc">momo360modena</a>.
Translations
The plugin comes with Spanish and English translations, please refer to the <a href="https://codex.wordpress.org/Installing_WordPress_in_Your_Language" title="Installing WordPress in Your Language" rel="nofollow ugc">WordPress Codex</a> for more information about activating the translation. If you want to help to translate the plugin to your language, please have a look at the bp-activity-tags.pot file which contains all definitions and may be used with a <a href="http://www.gnu.org/software/gettext/" rel="nofollow ugc">gettext</a> editor like <a href="http://www.poedit.net/" rel="nofollow ugc">Poedit</a>. 
Currently in the following languages:
<ul>
<li>Italian</li>
<li>English</li>
<li>Serbian (sr_RS) by <a href="http://www.webhostinghub.com" rel="nofollow ugc">Webhostinghub.com</a></li>
</ul>
Features
<ul>
<li>Click tags.</li>
<li>Customizable activity tags page URI.</li>
<li>Recent activity posts with a selected tag are showed in a page which contents the shortcode: <code>[bp_activity_tags]</code></li>
<li>Customizable style sheet for widget and results page.</li>
<li>Select how to display tags.</li>
<li>The size and color of each tag is determined by how many times that particular tag has been assigned to posts.</li>
</ul>
<a href="http://agora.grial.eu/pfcgrial/bp-activity-tags/" rel="nofollow ugc">See the plugin page for more information</a>.

BuddyPress Activity Tags

Adds a widget that displays a tag cloud with tags from new blog posts in BuddyPress Activity tab. Tested up to BuddyPress 1.9.2

IWG Faster Tagging vs BuddyPress Activity Tags