I checked the rockbox components of cygwin and they hadn't installed. Everything's working fine now. Thanks for the direction.
Now I can build but the bootloader doesn't work.

When I boot the gigabeat logo shows and the progress bar gets about halfway across the screen. The progress bar stalls and static begins to appear which then fades to white. I'm using the source code from the daily builds page.
Any ideas as to why the bootloader doesn't build correctly or where there are files that build correctly?