Hmm, in that case your options are less flexible. Compiling from source will give you all the flexibility that we enjoy on unix platforms, but it's a more complex process on windows. If you decide not to compile from source you will have to resort to changing %GOROOT% when you want to switch toolchains, and the possibility of getting that out of sync is likely.
My recommendation would be to unpack the zip files into C:\, say c:\go1.5, c:\go 1.4, then "switching" Go versions is the same as renaming one of these folders to c:\go. That's going to be your most reliably method.