Yes, tried that a while ago, lot's of script errors back then. Now less, but still quite a few:

 

  CCLD     libgnu.la
make[6]: Entering directory `/c/Users/shookie/guiletest/lib/guile-2.0/lib'
if test no = no; then \
          case 'mingw32' in \
            darwin[56]*) \
              need_charset_alias=true ;; \
            darwin* | cygwin* | mingw* | pw32* | cegcc*) \
              need_charset_alias=false ;; \
            *) \
              need_charset_alias=true ;; \
          esac ; \
        else \
          need_charset_alias=false ; \
        fi ; \
        if $need_charset_alias; then \
          /bin/sh /c/Users/shookie/guiletest/lib/guile-2.0/build-aux/install-sh -d C:\Users\shookie\guiletest\lib/lib ; \
        fi ; \
        if test -f C:\Users\shookie\guiletest\lib/lib/charset.alias; then \
          sed -f ref-add.sed C:\Users\shookie\guiletest\lib/lib/charset.alias > C:\Users\shookie\guiletest\lib/lib/charset.tmp ; \
          /bin/install -c -m 644 C:\Users\shookie\guiletest\lib/lib/charset.tmp C:\Users\shookie\guiletest\lib/lib/charset.alias ; \
          rm -f C:\Users\shookie\guiletest\lib/lib/charset.tmp ; \
        else \
          if $need_charset_alias; then \
            sed -f ref-add.sed charset.alias > C:\Users\shookie\guiletest\lib/lib/charset.tmp ; \
            /bin/install -c -m 644 C:\Users\shookie\guiletest\lib/lib/charset.tmp C:\Users\shookie\guiletest\lib/lib/charset.alias ; \
            rm -f C:\Users\shookie\guiletest\lib/lib/charset.tmp ; \
          fi ; \
        fi
make[6]: Nothing to be done for `install-data-am'.
make[6]: Leaving directory `/c/Users/shookie/guiletest/lib/guile-2.0/lib'
make[5]: Leaving directory `/c/Users/shookie/guiletest/lib/guile-2.0/lib'
make[4]: Leaving directory `/c/Users/shookie/guiletest/lib/guile-2.0/lib'
make[3]: Leaving directory `/c/Users/shookie/guiletest/lib/guile-2.0/lib'
Making install in meta
make[3]: Entering directory `/c/Users/shookie/guiletest/lib/guile-2.0/meta'
guile="C:\Users\shookie\guiletest\lib/bin/`echo guile | /bin/sed -e 's,x,x,'`" ;        \
        cat ./guile-config.in                                           \
        | /bin/sed -e "s,@pkgconfigdir@,C:\Users\shookie\guiletest\lib/lib/pkgconfig,g"                 \
                 -e "s,@""PKG_CONFIG@,,g"                               \
                 -e "s,@installed_guile@,$guile,g"                              \
        > guile-config.out
mv guile-config.out guile-config
chmod +x guile-config
make[4]: Entering directory `/c/Users/shookie/guiletest/lib/guile-2.0/meta'
 /bin/mkdir -p 'C:\Users\shookie\guiletest\lib/bin'
 /bin/install -c guile-config guild 'C:\Users\shookie\guiletest\lib/bin'
make  install-exec-hook
make[5]: Entering directory `/c/Users/shookie/guiletest/lib/guile-2.0/meta'
guild="`echo -n guild                           \
           | /bin/sed -e 's,x,x,'`.exe" ;       \
        guile_tools="`echo -n guile-tools               \
           | /bin/sed -e 's,x,x,'`.exe" ;       \
        cd C:\Users\shookie\guiletest\lib/bin && rm -f "$guile_tools" &&        \
        cp -pR "$guild" "$guile_tools"
/bin/sh: line 4: cd: C:Usersshookieguiletestlib/bin: No such file or directory
make[5]: *** [install-exec-hook] Error 1
make[5]: Leaving directory `/c/Users/shookie/guiletest/lib/guile-2.0/meta'
make[4]: *** [install-exec-am] Error 2
make[4]: Leaving directory `/c/Users/shookie/guiletest/lib/guile-2.0/meta'
make[3]: *** [install-am] Error 2
make[3]: Leaving directory `/c/Users/shookie/guiletest/lib/guile-2.0/meta'
make[2]: *** [install-recursive] Error 1
make[2]: Leaving directory `/c/Users/shookie/guiletest/lib/guile-2.0'
make[1]: *** [install] Error 2
make[1]: Leaving directory `/c/Users/shookie/guiletest/lib/guile-2.0'
make: *** [lib/lib/libguile-2.0.a] Error 2