Hi, Does "make install" work for you by any chance?
I get this:
bash-3.1# make install mingw32-make: *** No rule to make target `boot/bootdata/i386/hivecls.inf', needed by `reactos/system32/config/default'. Stop.
I guess no one reads the mail list! The ARM guys mean well but still their fix does not work!
Here is the bug report with patches: http://www.reactos.org/bugzilla/show_bug.cgi?id=3441