Re: dll error in all tools
I think that I had such a problem some while back. It might happen when you have installed an older version of Qt (possibly one that you compiled yourself) or incompatible Debug/Release versions of Qt on your system.
It might help to inspect that problem closer by using tools such as Dependency Walker (link) to see where your OS searches for DLLs and which are loaded.
Since the Qt Open-Source installers install the binary versions of the tools on your system, there should not be any need to re-configure and build the whole Qt4 libraries again.
Also, it might be a good idea to install a "fresh" Windows into a virtual machine (VMware, Parallels, etc) and try your luck there.
Possibly you are using incompatible/older versions of MinGW tools?
Hope that helps..
Re: dll error in all tools
Thanks for replying but it's fine now - I have 4.5 and that's working perfectly (so far ;) )