I am building with QtCreator, and there are two compilers:
Qt 4.7.0 and Qt in Path. Both are compiling and the application runs fine from QtCreator
I have included this in the beginning of my user path:
C:\Qt\2010.05\mingw\bin;C:\Qt\2010.05\qt\bin;C:\lc c\bin;C:\cygwin\bin;... etc.
Not sure if the other stuff affects it, but I think it stays with the first executables it sees. I am still unable to double click and run my application without the same error.
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