I just updated the plugin and received this error:
Parse error: syntax error, unexpected T_FUNCTION in ...wp-content/plugins/buddypress-media/includes/bp-media-class-wordpress.php on line 397
The site wouldn't load and I wasn't even able to login through wp-admin. I had to manually delete the plugin with my FTP app in order to get the site back online. Just wanted to inform you about the bug incase others are affected.