The dependencies are both out of date and have broken links, the directions are ambiguous and after managing to follow the results you end up with silly errors that suggest either it was never tested in a windows compiler or built in linux with mingw. Something todo with LPCSTR parameters and converting from char* or std::string not being possible.
It would be a very good idea to out a visual studio project in the svn, if only to prevent a large amount of tedious work that is entirely preventable and totally unnecessary, after all the project is about 5 or so files, less than 100kb altogether usually a vcproj and an sln file, and the rest can be auto generated by VC++ at the other end.