I have a similar problem using Visual Studio 2010 on XP 64 SP2. If I set the VC++ executable directory to the amd64 bin (the native x64 folder) as the first in the search path, then I received the TRK0002 error … Invalid handle value.
But if I set _IsNativeEnvironment=true in a Visual Studio 2010 command prompt and start the ide from the command line as posted before, then the error goes away. Apparently, the 32-bit GUI IDE Environment is receiving info from a 64 bit process and is expecting info from a 32-bit process such as x86\cl.exe or x86_64\cl.exe.
In a scenario where you want to compile an IA64 bit executable, and you use the x86_ia64\cl.exe compiler. Since you are using a 32-bit cross compiler and have the _IsNativeEnvironment variable set to true, this must upset the IDE when posting messages in it's window consoles. Set the _IsNativeEnvironment=false, if you have previously set it to true.
The IDE should pick up that a native compiler was being used on a native 64-bit
machine and should have automatically set this variable to the appropriate value when the native compiler was selected from the IDE. A simple fix has never been applied to patch this problem. Solution. Do it yourself from the prompt, or buy the latest IDE from Microsoft to fix the problem.
So, the real wizards at Microsoft are the developers who work mainly from the command line. And the other developers, who wear the pointy hats and sit in the corner, must have been hired from Apple and were more concerned about appearance than function.
The whole purpose of an IDE is to make coding simple, not more complicated than using a text editor and a Makefile from the command line.