I only use VC8 Express and never had such a problem. Did you rebuild Qt with msvc2005 Express - maybe it's not possible to use qt-dll build with another msvc compiler? Did you take a look if QtCored.dll exports this function with pexports.exe (or any other tool which could show you the exports)?
/edit:
QEventDispatcherWin32::closingDown() is new in 4.1.4 - is your debug lib out of date?
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