I've seen this stuff at LFS that I sometimes go to for window shopping. I'm not so sure if it's a lack of circulation or not, since some of my tanks don't have any circulation at all. I did notice one time on an air-stone of mine.
I have a white ceramic air-stone, and it was running in a 10G planted, filtered tank. There was a decent amount of circulation, and defiantely not a lack of O2. The air-stone wouldn't be a "dead spot", and the water tested to have 0 Nitrate, plants ate it all. After a few months, the air-stone started developing some bluish color to it, and I was suspicious, so it was removed, and bleached. There was also another air-stone in that tank that didn't show these signs.
I really didn't know if it was BGA or not, but I took action before I wanted to find out. It's never returned since, and now the same air-stone is acting as a CO2 diffuser instead of an O2 supplier.
Hope my experience helps a bit.