Yes, that build works fine here, I can see my homepage, albums are displayed correctly and the search works too.

I did get the following error message during install:
c:\windows\system32\mfc42.dll

Unable to register the DLL/OCXllRegisterServer failed; code 0x80040201
An event was unable to invoke any of the subscribers

Click abort, retry or ignore.

The install worked fine after clicking ignore..

I did just remove IIS from windows 7 and haven't rebooted yet, so this could be related.