Just in case anyone else had this issue. I upgraded several WordPress/BuddyPress installations to version 3.2 and found that my Dashboard menus no longer would expand and collapse as usual. The problem I discovered was some sort of conflict in the jQuery Easing plugin that ships with the BuddyPress default theme and the version of jQuery running in WordPress (now 1.6+). I’m not a jQuery pro so I didn’t bother trying to track down the bug precisely. But I found the problem was fixed by going into my theme’s _inc/global.js file and commenting out the block of minified javascript below:

/* jQuery Easing Plugin, v1.3 - https://gsgd.co.uk/sandbox/jquery/easing/ */ jQuery.easing.jswing=jQuery.easing.swing;jQuery.extend(jQuery.easing,{def:"easeOutQuad",swing:function(e,f,a,h,g){return jQuery.easing[jQuery.easing.def](e,f,a,h,g)},easeInQuad:function(e,f,a,h,g){return h*(f/=g)*f+a},easeOutQuad:function(e,f,a,h,g){return -h*(f/=g)*(f-2)+a},easeInOutQuad:function(e,f,a,h,g){if((f/=g/2)<1){return h/2*f*f+a}return -h/2*((--f)*(f-2)-1)+a},easeInCubic:function(e,f,a,h,g){return h*(f/=g)*f*f+a},easeOutCubic:function(e,f,a,h,g){return h*((f=f/g-1)*f*f+1)+a},easeInOutCubic:function(e,f,a,h,g){if((f/=g/2)<1){return h/2*f*f*f+a}return h/2*((f-=2)*f*f+2)+a},easeInQuart:function(e,f,a,h,g){return h*(f/=g)*f*f*f+a},easeOutQuart:function(e,f,a,h,g){return -h*((f=f/g-1)*f*f*f-1)+a},easeInOutQuart:function(e,f,a,h,g){if((f/=g/2)<1){return h/2*f*f*f*f+a}return -h/2*((f-=2)*f*f*f-2)+a},easeInQuint:function(e,f,a,h,g){return h*(f/=g)*f*f*f*f+a},easeOutQuint:function(e,f,a,h,g){return h*((f=f/g-1)*f*f*f*f+1)+a},easeInOutQuint:function(e,f,a,h,g){if((f/=g/2)<1){return h/2*f*f*f*f*f+a}return h/2*((f-=2)*f*f*f*f+2)+a},easeInSine:function(e,f,a,h,g){return -h*Math.cos(f/g*(Math.PI/2))+h+a},easeOutSine:function(e,f,a,h,g){return h*Math.sin(f/g*(Math.PI/2))+a},easeInOutSine:function(e,f,a,h,g){return -h/2*(Math.cos(Math.PI*f/g)-1)+a},easeInExpo:function(e,f,a,h,g){return(f==0)?a:h*Math.pow(2,10*(f/g-1))+a},easeOutExpo:function(e,f,a,h,g){return(f==g)?a+h:h*(-Math.pow(2,-10*f/g)+1)+a},easeInOutExpo:function(e,f,a,h,g){if(f==0){return a}if(f==g){return a+h}if((f/=g/2)<1){return h/2*Math.pow(2,10*(f-1))+a}return h/2*(-Math.pow(2,-10*--f)+2)+a},easeInCirc:function(e,f,a,h,g){return -h*(Math.sqrt(1-(f/=g)*f)-1)+a},easeOutCirc:function(e,f,a,h,g){return h*Math.sqrt(1-(f=f/g-1)*f)+a},easeInOutCirc:function(e,f,a,h,g){if((f/=g/2)<1){return -h/2*(Math.sqrt(1-f*f)-1)+a}return h/2*(Math.sqrt(1-(f-=2)*f)+1)+a},easeInElastic:function(f,h,e,l,k){var i=1.70158;var j=0;var g=l;if(h==0){return e}if((h/=k)==1){return e+l}if(!j){j=k*0.3}if(g