Adding functionality to only display specific relationships based on relationship type/individual relationship attribute would be very helpful. We don't currently use "display relationships" on any of our event registration forms because we don't want to inadvertently display the kitchen sink of relationships on a person's constituent record. For example, we track friends, suggested contacts, ex-spouses, and mentors - all relationship types we wouldn't want displaying in a NetCommunity event registration form. It wouldn't be very strategic to display your top prospect's ex-spouse as a choice to bring to the next gala!
We would very much like to take advantage of this functionality, because it would allow us to collect updated address information for the guest, and (I assume) it automatically links the guest to their constituent record so that we don't have to do it after the fact.