This kind of explains something ... so although the obvious workaround is to get on the mailing list, I fear this would be too time consuming for me ...
But I'd start here first, and check out Devcpp later. From the error message I assume that the path the the compiler is not in $PATH? (which might be gone after you did the first compile with the instructions above).
I don't use CVS, I downloaded the file from the site. I am not quite sure which I installed though, I *think* it is cs98_004.zip. But I successfully compiled everything.
How do I get the version from an existing installation?
Not exactly what you asked for, but have a look at this picture! It's from Ben Mathis' Website with a somewhat unsavory name :-). This website holds several models and very nice tutorials from this talented guy. All this is quite 3dsmax-centric but I think the techniques apply to Blender too.