How to compile MPlayer using Cygwin?

Hello,

I am new in that list and my question has been asked i guess loads of times.

How do I compile Mplayer from SVN with current versions of cygwin?

Around 1-2 years ago i just had to type:
./configure
make

to build mplayer.

I would be very happy if someone could show me how to do it right.

I have cygwin 1.7 installed with everything you could install with the 
installer.

Greetings,
Simon