Index: bp-activity/bp-activity-filters.php
===================================================================
--- bp-activity/bp-activity-filters.php	(revision 3067)
+++ bp-activity/bp-activity-filters.php	(working copy)
@@ -5,7 +5,7 @@
 add_filter( 'bp_get_activity_content_body', 'bp_activity_filter_kses', 1 );
 add_filter( 'bp_get_activity_content', 'bp_activity_filter_kses', 1 );
 add_filter( 'bp_get_activity_parent_content', 'bp_activity_filter_kses', 1 );
-add_filter( 'bp_get_activity_latest_update', 'bp_activity_filter_kses', 1 );
+add_filter( 'bp_get_activity_latest_update_pre', 'bp_activity_filter_kses', 1 );
 add_filter( 'bp_get_activity_feed_item_description', 'bp_activity_filter_kses', 1 );
 add_filter( 'bp_activity_content_before_save', 'bp_activity_filter_kses', 1 );
 add_filter( 'bp_activity_action_before_save', 'bp_activity_filter_kses', 1 );
@@ -13,26 +13,26 @@
 add_filter( 'bp_get_activity_action', 'force_balance_tags' );
 add_filter( 'bp_get_activity_content_body', 'force_balance_tags' );
 add_filter( 'bp_get_activity_content', 'force_balance_tags' );
-add_filter( 'bp_get_activity_latest_update', 'force_balance_tags' );
+add_filter( 'bp_get_activity_latest_update_pre', 'force_balance_tags' );
 add_filter( 'bp_get_activity_feed_item_description', 'force_balance_tags' );
 
 add_filter( 'bp_get_activity_action', 'wptexturize' );
 add_filter( 'bp_get_activity_content_body', 'wptexturize' );
 add_filter( 'bp_get_activity_content', 'wptexturize' );
 add_filter( 'bp_get_activity_parent_content', 'wptexturize' );
-add_filter( 'bp_get_activity_latest_update', 'wptexturize' );
+add_filter( 'bp_get_activity_latest_update_pre', 'wptexturize' );
 
 add_filter( 'bp_get_activity_action', 'convert_smilies' );
 add_filter( 'bp_get_activity_content_body', 'convert_smilies' );
 add_filter( 'bp_get_activity_content', 'convert_smilies' );
 add_filter( 'bp_get_activity_parent_content', 'convert_smilies' );
-add_filter( 'bp_get_activity_latest_update', 'convert_smilies' );
+add_filter( 'bp_get_activity_latest_update_pre', 'convert_smilies' );
 
 add_filter( 'bp_get_activity_action', 'convert_chars' );
 add_filter( 'bp_get_activity_content_body', 'convert_chars' );
 add_filter( 'bp_get_activity_content', 'convert_chars' );
 add_filter( 'bp_get_activity_parent_content', 'convert_chars' );
-add_filter( 'bp_get_activity_latest_update', 'convert_chars' );
+add_filter( 'bp_get_activity_latest_update_pre', 'convert_chars' );
 
 add_filter( 'bp_get_activity_action', 'wpautop' );
 add_filter( 'bp_get_activity_content_body', 'wpautop' );
@@ -43,7 +43,7 @@
 add_filter( 'bp_get_activity_content_body', 'make_clickable' );
 add_filter( 'bp_get_activity_content', 'make_clickable' );
 add_filter( 'bp_get_activity_parent_content', 'make_clickable' );
-add_filter( 'bp_get_activity_latest_update', 'make_clickable' );
+add_filter( 'bp_get_activity_latest_update_pre', 'make_clickable' );
 add_filter( 'bp_get_activity_feed_item_description', 'make_clickable' );
 
 add_filter( 'bp_acomment_name', 'stripslashes_deep' );
@@ -51,13 +51,13 @@
 add_filter( 'bp_get_activity_content', 'stripslashes_deep' );
 add_filter( 'bp_get_activity_content_body', 'stripslashes_deep' );
 add_filter( 'bp_get_activity_parent_content', 'stripslashes_deep' );
-add_filter( 'bp_get_activity_latest_update', 'stripslashes_deep' );
+add_filter( 'bp_get_activity_latest_update_pre', 'stripslashes_deep' );
 add_filter( 'bp_get_activity_feed_item_description', 'stripslashes_deep' );
 
 add_filter( 'bp_get_activity_content', 'bp_activity_make_nofollow_filter' );
 add_filter( 'bp_get_activity_content_body', 'bp_activity_make_nofollow_filter' );
 add_filter( 'bp_get_activity_parent_content', 'bp_activity_make_nofollow_filter' );
-add_filter( 'bp_get_activity_latest_update', 'bp_activity_make_nofollow_filter' );
+add_filter( 'bp_get_activity_latest_update_pre', 'bp_activity_make_nofollow_filter' );
 add_filter( 'bp_get_activity_feed_item_description', 'bp_activity_make_nofollow_filter' );
 
 add_filter( 'bp_get_activity_parent_content', 'bp_create_excerpt' );
Index: bp-activity/bp-activity-templatetags.php
===================================================================
--- bp-activity/bp-activity-templatetags.php	(revision 3067)
+++ bp-activity/bp-activity-templatetags.php	(working copy)
@@ -732,7 +732,7 @@
 		if ( !$update = get_usermeta( $user_id, 'bp_latest_update' ) )
 			return false;
 
-		$latest_update = '"' . trim( strip_tags( bp_create_excerpt( $update['content'], 40 ) ) ) . '"';
+		$latest_update = '"' . apply_filters( 'bp_get_activity_latest_update_pre', trim( strip_tags( bp_create_excerpt( $update['content'], 40 ) ) ) ) . '"';
 		$latest_update .= ' &middot; <a href="' . $bp->root_domain . '/' . BP_ACTIVITY_SLUG . '/p/' . $update['id'] . '/"> ' . __( 'View', 'buddypress' ) . '</a>';
 
 		return apply_filters( 'bp_get_activity_latest_update', $latest_update  );