|Bloodshed dev C++ will not work with windows 8, and is no longer in active development.|
There are Dev C++ "clones" avalible that have more up to date mingw compilers.
Orwell Dev C++ is one that has been reccomended on other forums.
An alternative would be to download a newer copy of the mingw compiler and install that into Bloodshed's Dev C++, but that will probably cause quite a few problems (bloodshed's Dev C++'s copy is ANCIENT)
The latest copies of Netbeans, Eclipse and java SDK are all compatible with windows 8. No tweaking or compatibility settings should be required. (If you wanted to take up java programming)