This is a bug report on revision r3225. The current revision is r3366. Please do a full rebuild (pass the rebuild argument to the build script/batch file) and see if you can reproduce it on a recent revision. You will probably need to delete windows_deps* and win32_deps* off the source\ directory to ensure the updated dependencies are downloaded and building does not fail. After building, run the script in mk\windoze\ which copies runtime dependencies.
If you can still reproduce this issue then, please post the verbose output (see the FAQ on how to do this).
Thanks.
Please note that you're also short on RAM. The README file lists 2.0 GB RAM as recommended, 1.0 GB is the very minimum, especially since you have integrated video on this system.