I was able to compile the SDK with no unexpected errors (the only errors reported were missing directories), by following the README.
Is the Adobe Extension Manager required? I don't have CS5 / CS6 installed on this laptop, so I left the env.properties that had to do with it blank, but I don't really remember that one being discussed. It seemed to compile fine and did not effect the end results in my projects. I've run the compiled 4.8.0 through about a dozen or so of my projects so far with no changes or adverse effects. Things are looking good, but I will hold off my vote until I have verified that ALL of my projects compile and produce the same result. I do have some minor patches I want to submit in regards to the README and the env.properties.template. In going through them with a fine-tooth comb, I did find a few corrections I'd like to make to make it a bit clearer what we want the user to input. Is it kosher to push those now, or should I wait until the vote is complete (These changes are not worth down-voting the release, but I feel they should be in there). Thanks Carol and Alex for your hard work on this one! Finally getting to the point where I can break out that bottle of champagne :) -Nick Kwiatkowski