I tried using the 3.0 version just now and didn't change anything. It stops at the EQEMU_MAPS_DIR if that helps to figure out the issue at all.

what OS are you using and when you tried to compile with CM what VS version did you select?

I'm on Windows 7, I'm using VS 2013 and selected Visual Studio 12 2013 - Use default native compilers.

Alright, I just uninstalled everything and went through it all again and it worked... so I must have missed something the first time around.