I am also a little bit confused. Shirley quoted this “”with the exception of the latest blog post in dashboard/settings/reading” in your description I read this “with the exception of the posts/pages you set in Dashboard/Settings/PrivateCommunityBP”
I am trying to setup a private community and want to allow logged in users to see any content on the page only. I have setup wp-login.php as a redirect in the plugin and did not setup any expectaion. It seems every pages and posts are blocked expect the page and post which is setup in dashboard/settings/reading as Shirley stated, so the plugin does not work like you stated in your description. I am using the latest version 3.5, upgraded today morning from 3.4.
Thanks,
Akos