Just follow carefully the readme for the VC Toolkit, but also you must add utils like to the /bin of VC Toolkit.
And, is not hard to setup ActivePerl, just point the install to the VC Toolkit dir.
Then I had some errors and couldn't compile, but at least it started...
PD: If you gonna try this, have in mind that the install of the DX 9.0 SDK is REALLY heavy and laggy, maybe you must wait like 20 or 30 minutes just for the .exe to decompress and THEN install. It's really bad done...