Premake sets the new standard for build system simplicity! Thank you premake!
I like premake because it gives you a lot more power in your build scripts. I'm finding this is a double edged sword sometimes as I take too much advantage of this. My primary complaint when dealing with premake is the lack of documentation. Premake fills in build flags in surprising ways and a lot of times I am unsure of what variables I need to set to get them to change back. For example, premake was generating makefiles that stripped the debug symbols out of the build (even though this was being built in Debug mode). I gave up looking online and had to download the source code to figure out what to do. All in all, I would like less magic. But it's a great start!
There are no 4 star reviews.