Hey. I had an idea that some people newer than me might be looking for a good complier. So why don't we help them out and post the complier we use, its attributes whether its free or how much it cost, and a url to access more information.
I use Dev-C++
Its Free, a 7.46 MB download and takes just over 50 MB for installation. It comes with a debugger, complies with recent standards, has regular updates and is really good all round.
Get it from www.bloodshed.net