[python-win32] Why can I compile a C extension if I replace python25.lib with python25.dll?

[Jason Baker]

I've been trying to get Storm's C extensions to compile under windows.
 For some reason, it wasn't able to find python25.dll, even if I paste
it directly under libs or DLLs.  My theory was that it was finding
python25.lib (which I'm guessing is a static library) and trying to
use that instead.

If I remove python25.lib and replace it with python25.dll, it works
fine.  This solution doesn't really seem like a good one to me though.
 Is there a better solution?