Would anybody be so kind as to test this patch please: FS#11666 http://www.rockbox.org/tracker/task/11666
Confirmed continued working on ipod video target build. Not confirmed sim build (yet, doing that now). Not confirmed that it fixes the PIC problems, as don't currently have a way of building anything needing PIC, but given the set of changes I would be relatively surprised if it doesn't resolve the main problem(s).