David,
I am trying to build Ardour 2.0 on a Zenwalk 4.4.1 Linux system with gcc-3.4.6
For Ardour 2.0, I need the following dependencies:

   1. gcc/g++ 3.x or above
   2. scons 0.96 or above
   3. python (2.3.4 or above)
   4. gettext 0.12.1 or above
   5. pkg-config 0.20 or above
   6. libtool
   7. JACK 0.100 or later ( libjack)
   8. XML2
   9. XSLT
  10. libart_lgpl 2.3.16 or later (libart, libart_lgpl )
  11. samplerate 0.1.2 or later (libsamplerate)
  12. raptor (libraptor, libraptor1)
  13. lrdf ((librdf, librdf0)
  14. glib 2.10 or above (libglib2, libglib2.0, libglib2.0-0 )
  15. GTK+ 2.8 or above (plus other GTK requirements like Pango, ATK, Cairo) (libgtk2, libgtk2.0, libgtk2.0-0)
  16. libgnomecanvas (libgnomecanvas2, libgnomecanvas2-0)
  17. liblo (liblo, liblo0)
  18. boost (libboost)  (I downloaded boost from boost.org and copied the bjam executable to /usr/local/bin/bjam)
  19. glib2-devel

I have compiled and installed all of the above, (except for boost), and installed bjam. I didn't understand the configuration of bjam, so I skipped that, (maybe that is part of my problem), and I am running the following command from a root terminal in the boost_1_33_1 directory:
bjam "-sTOOLS=gcc" install

And I am not using minGW. I don't think I have it compiled because I have gcc-3.4.6 and didn't think I had to use anything else.
So....by the looks of the mingw-tools link you sent me, it looks like it is for Windows, I'm on a Linux box.

Douglas