I've just got Qt 3.3.3 and PyQt 3.1.3 compiled for Python 2.4 using the instructions for MinGW here:
http://kscraft.sourceforge.net/convert_xhtml.php?doc=pyqt-windows-install.xhtml It was a pretty nasty experience, hacking python24.dll and patching sip/PyQt, but i got it all working after about 4 hours! It still doesn't support the XP LnF, but at least I have a non-limited QtDesigner etc. now, and something I can distribute for Windows which supports Python 2.4/QScintilla. I couldn't get it to work with the free MS compiler (VC2003 command line tools and 1.1 SDK) as they were missing libraries etc. I guess the docs are referring to a full Visual Studio .NET 2003 -- http://mail.python.org/mailman/listinfo/python-list