Configure the message compiler (mc.exe) as a custom compiler step in VC++ 2010?

Question

Can anyone list the specific and detailed steps to configure mc.exe (the message compiler) to compile a .mc file into a .rc file as a custom compiler step in VC++ 2010?
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Answer 1

In case custom compiler is not a requirement but more how to make it build .rc files from MSBuild. The WDK MessageCompiler task offers this integration with MSBuild

  
    
      true
      c:\test\