did you loaded the .sln file ?
If you load the .vcproj, you get the error thhe the libs are missing
VS studio should work, just recompiled with VS 2008 version 3.5 SP1 ( winvnc2008.sln release win32)
all compiled ok.
Don't forget to install nasm ( http://www.nasm.us/
) for the jpeg lib.
Include the path in VS, else the compiler can't find the exe.