Since you are using only two levels, you can do it in this way:
Home (public)
Register (public)
Contact Us (public)
Member-only (Private, including all children)
- Announcements
- Events
- Homowner Info
-- Landscape
-- Architecture Board
-- Rules & Regs
-- By Laws
- Board of Directors
-- Minutes
-- Committees
-- Financial
- Master Assn
- Management Company
- Links
Also, Member-only page can contain links to all the pages with a brief intro - to motivate people to login. Look at these guys: http://www.riverplace100.org
And these guys seem to plan to leave many of similar pages in public access: http://radiance.cloverpad.org (Though they are still setting this up)
Thanks again for feedback.
Dmitry Buterin, Chief Apricot