I'm getting the same compile error someone else on here got a few months ago, though with a slight variation. It looks like it's trying to build an object file for the build logo but the Makefile doesn't have a rule for it. Here's the specific error:
make: *** No rule to make target `/rockbox/build/apps/bitmaps/native/rockbox/buildlogo.160x53x2.o', needed by `/rockbox/build/rockbox.elf'. Stop.
Can anyone give any suggestions? This is my first time compiling Rockbox and I think I followed all the instructions correctly. I fetched the files from the SVN server about an hour ago (~8:30, Wednesday June 10th).