Thank you! It's applied and pushed.
Attached patch from ryuo which should make it compile both with 1.2 and 1.4.
From the libpng CHANGES:
version 1.4.0beta1 [April 20, 2006]
Enabled iTXt support (changes png_struct, thus requires so-number change).
Cleaned up PNG_ASSEMBLER_CODE_SUPPORTED vs PNG_MMX_CODE_SUPPORTED
Eliminated PNG_1_0_X and PNG_1_2_X macros.
Removed deprecated functions png_read_init, png_write_init, png_info_init,
png_permit_empty_plte, png_set_gray_1_2_4_to_8, png_check_sig, and
removed the deprecated macro PNG_MAX_UINT.
Moved "PNG_INTERNAL" parts of png.h and pngconf.h into pngintrn.h
Removed many WIN32_WCE #ifdefs (Cosmin).
Reduced dependency on C-runtime library when on Windows (Simon-Pierre)
Replaced sprintf() with png_sprintf() (Simon-Pierre)
So, need to check out how it should be done in 1.4 and hopefully make it compatible with both 1.2 and 1.4.