Well the first build proved to be somewhat less that a full success. It worked only on one computer: the one that was build on. Since this limits PHP use on the Windows platform I went ahead and read about Microsoft manifest files, SxS (side by side) assemblies and other wonderful stuff that Microsoft has provided for us in version 2005 of their development package.
You should be able to use this package without installing any packages from Microsoft. Normally a VC++ redistributable would be required. Helpful information for those that are wrestling with similar problem is described in MSDN article Deploy using XCopy.
You can download this build from: