You'll really have to go to buddypress.org to look at the features for membership.
GenesisConnect integrates buddypress with the genesis themes, as BP makes use of specialized templates. The functionality of the profiles, activity stream, ,etc.. is all buddypress though.
These forums were CLOSED to new posts on November 19th, 2012. New forums are here: http://www.studiopress.com/forums/
and you will need to SIGN UP AGAIN.
If you need assitance with setting up your theme, go to http://my.studiopress.com/
and read the SETUP links or the TUTORIALS link on the side tab.
If you need Account Assistance
, file a help desk ticket at the same location.