I'm happy to report that I was able to build osgBullet against the most current stable release of Bullet (2.81-rev2613) and successfully run a few of the examples.
I did run into a few small issues along the way though and thought I would share them in hopes of saving others a little time.
My configuration is Windows XP Pro, Visual Studio 2010, CMake 2.8.10 and OSG 3.0.0.
The only real issue I ran into involved the names of the Bullet .lib files. If you use the Visual Studio 2010 solution that is included in the Bullet 2.81 download under build/vs2010, all of the lib files that are generated contain "_vs2010" as a suffix in the name (release and debug builds). This is a change from the 2.79 release that the osgBullet 2.0 CMake files were developed against so during the Configure set of running CMake, it fails because it cannot find these files. The fix is to rename all the Bullet lib files to remove "_vs2010" from the filenames, then hit the Configure button in CMake again (or rename before running CMake).
For those completely new to using osgBullet, here is a summary of the steps I took:
(Note: assumes OSG and osgWorks are already built)
1. extracted the files from bullet-2.81-rev2613.zip to C:\Program Files\Bullet_Physics
2. did a full solution build (debug and release) of Bullet using C:\Program Files\Bullet_Physics\build\vs2010\0BulletSolution.sln
3. renamed all .lib files to remove the "_vs2010" from the names in C:\Program Files\Bullet_Physics\lib
4. opened C:\Program Files\osgBullet\CMakeLists.txt with CMake 2.8.10 and unchecked the "Advanced" checkbox
5. hit the Configure button which produced errors finding Bullet
6. set these variables in CMake:
set "BulletInstallType" to "Source And Build Tree"
set "BulletBuildRoot" to "C:/Program Files/Bullet_Physics/lib
set "BulletSourceRoot" to "C:/Program Files/Bullet_Physics/src
7. hit the Configure button again. No errors so then hit the Generate button
8. did a full solution build of osgBullet using C:\Program Files\osgBullet\osgBullet.sln
Hope this helps someone!
-Chip