You can now create and edit your Member profile from the Member's section of a guild. Just click your name to view your profile and update it.
Also, Guilds can now have lounges. It's up the the Guild owner to install a lounge. Just click the lounge tab, fill out a simple form( lounge name and description ) and click create. After this is done, the Lounge tab will link to the lounge associated with your guild.