Cancel that--I found the answer. http://groups.google.com/group/boost-list/browse_frm/thread/5a17077679a33dca/7360f2038d6e6cca?lnk=gst&q=bjam+mingw&rnum=3#7360f2038d6e6cca
Short answer: bjam.exe should not be in /bin or /usr/bin because MinGW treats programs in there differently. In my case I simply copied bjam.exe to my working directory, for now. -Max Wilson -- http://mail.python.org/mailman/listinfo/python-list