Can't help you with the Version libs question (try the BLFS Mailing list - sorry!).
As far as the wvstreams output is concerned is does appear to be some library mis-spelled, or not compatible with gcc-3.2 (which I assume you were using?). However, you may find patches for it to compile with 3.2 or as I think you are trying use an earlier version of gcc (best of luck with that!
The BLFS mailing list should help though - try searching the previous posts there as I'm sure someone else would have come across your problem.