Ok I have it working bu I have to make some change these changes project file:
In the lib path for link if change the $(OGRE_HOME)/lib to $(OGRE_HOME)/lib/$(ConfigurationName)/
In the Debug panel I added the working directory $(TargetDir)
In Ogre 1.7 the path for the llibrary is no longer the sample $(OGRE_HOME)\Samples\Common\bin\$(ConfigurationName),
it is $(OGRE_HOME)\bin\$(ConfigurationName) so I change the post build events to this
copy $(OutDir)\OgreNewt_d.dll demos\bin\Debug\OgreNewt_d.dll
copy $(OGRE_HOME)\bin\$(ConfigurationName)\OgreMain_d.dll demos\bin\$(ConfigurationName)\OgreMain_d.dll
copy $(OGRE_HOME)\bin\$(ConfigurationName)\OIS_d.dll demos\bin\$(ConfigurationName)\OIS_d.dll
copy $(OGRE_HOME)\bin\$(ConfigurationName)\Plugin_CgProgramManager_d.dll demos\bin\$(ConfigurationName)\Plugin_CgProgramManager_d.dll
copy $(OGRE_HOME)\bin\$(ConfigurationName)\RenderSystem_Direct3D9_d.dll demos\bin\$(ConfigurationName)\RenderSystem_Direct3D9_d.dll
copy $(OGRE_HOME)\bin\$(ConfigurationName)\RenderSystem_GL_d.dll demos\bin\$(ConfigurationName)\RenderSystem_GL_d.dll
copy $(OGRE_HOME)\bin\$(ConfigurationName)\OgreGUIRenderer_d.dll demos\bin\$(ConfigurationName)\OgreGUIRenderer_d.dll
copy $(OGRE_HOME)\bin\$(ConfigurationName)\CEGUIBase_d.dll demos\bin\$(ConfigurationName)\CEGUIBase_d.dll
copy $(OGRE_HOME)\bin\$(ConfigurationName)\CEGUIExpatParser_d.dll demos\bin\$(ConfigurationName)\CEGUIExpatParser_d.dll
copy $(OGRE_HOME)\bin\$(ConfigurationName)\cg.dll demos\bin\$(ConfigurationName)\cg.dll
copy $(NEWTON_HOME)\sdk\x32\dll_vs9\newton.dll demos\bin\$(ConfigurationName)\newton.dll
with those minor change the project works out of the box
if you want the setting be copy with the distribution you need to add file OgreNewt.suo to the download
the file .suo is where visual studio save the some default setting like the path, the initial projects and stuff like that, VS generated each time you save the project but some reason some genius a Microsoft though that it was a good ideas to make hidden.
If you want to see it you have to make it visible, or if you use CVS of any tool than show the non committed file just add that one, and it will save lot of aggravation to people how just want to open the project and runs file.
Let us get started