I may give that a try after i get the install package together for both Gimp-2.7.4.
GPL, and some other things (apng for one)
Thanks for the link to the git src files PC.

Okay i created an installer.
Anyone want to test it?
I already did on my Windows 32 XP system and it worked excellent.
Just a few things to mention
1) If you want python it is enabled you just need Python27 installed.
2) On launch there are 2 errors for TIFF images load and save.Just delete the tiff plugins in the plug-ins folder.
file-tiff-load.exe and file-tiff-save.exe
I will fix this later.Or keep them.Gimp runs fine without them you just can not use Tiff images for some reason.I do not know why this occurs as i have the Tifflibs installed and working.(they should have compiled correctly).I will either fix this or remove the tiff plugins all together later.
3) This install default installs into C:\Program Files\Gimp-2.7.4
4) There is no shortcut created on the desktop either so you will have to create your own.
5) This install also creates a debug window (development default).This is a usual occurrence for debugging Gimp on launch, and while executing commands while Gimp runs.

That is about it other than if on launch PLUGINS do not load - set the PATH variable.
C:\Program Files\Gimp-2.7.4\gimp-2.7.4\bin

Any takers?
Below url takes you to download page. (28.9 mb)
Download

Right now I have, Gimp 2.6.11, Python 2.7.2 installed. Of course Python script are not working. If this is a new version of Gimp that works with Python 2.7.2, I'll try it. I'm guessing Gimp 2.7.4 will work in parallel with 2.6.11? I'm running Vista.

Probably not (in the installer) certain files:
.....................
libgdk-win32-2.0-0.dll
libgtk-win32-2.0-0.dll
libglib-2.0-0.dll
libintl-8.dll
.....................

As now i have too much GIMPs but at soon i will clean up i will try

I have only tested it in my Windows 32 bit XP platform.
I have Gimp-2.6.11 and my Gimp-2.7.4 installed side by side with no conflicts.
Gimp 2.7.4 is the latest git development version of the Gimp-2.7 series Odinbc.

Thanks PC.
As i said i installed it on my machine with no problems first to test it.Just be sure and delete/move the tiff plugins i mentioned before and there will be no errors when Gimp loads.I am going to try another compile in a couple weeks.
(if the new Gimp-2.8 isn't out yet)

I try again on 7 , same error (windows error 0x000007c )
Other 32 bit sw (including gimp) run without problem