After updating to the latest CVS, I can't build NT native anymore.  The build gets as far as:

..\src\temacs.exe -batch -l ..\src\..\lisp\update-elc.el

and then dies with the following:

runtime error R6027
- not enough space for lowio initialization

Has anyone else seen this?
-lipp

ps: I'm building with this command line:

@nmake -nologo -f xemacs.mak %1 %2 %3 %4 %5 %6 \
INSTALL_DIR="d:/win32app/xemacs-21.2" \
MAKEINFO="d:\win32app\utils\makeinfo.exe" \
PACKAGE_PREFIX="d:/win32app/xemacs-21.2/lib/xemacs" \
HAVE_MSW=1 HAVE_X=0 HAVE_MULE=0 HAVE_MSW_C_DIRED=1 \
GUNG_HO=1 DEBUG_XEMACS=0 HAVE_XPM=1 \
XPM_DIR=d:/src/xemacs-beta/libdist/ilib HAVE_GIF=1 HAVE_JPEG=1 \
JPEG_DIR=d:/src/xemacs-beta/libdist/ilib HAVE_TIFF=1 \
TIFF_DIR=d:/src/xemacs-beta/libdist/ilib HAVE_PNG=1 \
PNG_DIR=d:/src/xemacs-beta/libdist/ilib \
ZLIB_DIR=d:/src/xemacs-beta/libdist/ilib