This works, but doesn\'t build static versions of boost libraries (maybe i am wrong?)
bjam --toolset=gcc --prefix=C:\\boost_1_49_0-mingw install
You should be able to use the link=static option to let you compile the library into your binary without needing the dynamic lib:
link=static
sudo ./b2 link=static
Check your stage directory to make sure it goes in the right spot and then re-install to whatever system directory you include.