I've been trying to switch from using scons to gyp to build V8, but I still have yet to build V8 using gyp. Every time I try, MSVC (same in 2008 and 2010) says that 'certain properties of the solution could not be read', or something a lot like that. V8.base and V8.preparser seem to build with no errors, and I think a couple other projects, but most fail due to errors. It is not resulting in a successful build.
I would like to add that scons is still working for me at this time, so I'm pretty sure it's not my compiler setup.
I've attached the build output, if that helps.