"Mixing a dll boost library with a static runtime is a really bad idea..."
This issue is indeed a fault with boosts settings. For some unknown reason (that I cannot determine to be logical - as it has not effect). Boost Python will force dynamic linking of boost, regardless of user options
In short, if you have boost-python in your project, boost incorrectly prevents static-linking of boost with the /MT switch.
This problem is resolved easily by defining BOOST_PYTHON_STATIC_LIB before including the boost headers.
Short version: listen to the guys on the Boost ML. Boost doesn't support what you're trying to do, and it's a bad idea anyway. Best to accept that and make the other library use the dynamic runtime.
Longer version:
You seem to be misunderstanding what Boost is telling you. You're trying to parse through the Boost source code instead of just reading what it's saying:
auto_link.hpp (line 354): "Mixing a dll boost library with a static runtime is a really bad idea...".
Boost thinks that you are building a DLL, while simultaneously linking statically to the runtime libraries. Which is exactly what you're doing; Boost has accurately detected what you are trying to do.
Your problem is that the Boost library does not support being built into a DLL that is not dynamically linking to the runtime libraries. The reason for that is that it is "a really bad idea." So they check to see if you're trying to do that and stop your build with an error message reminding you of this fact.
The "freetards" at Boost who don't know how to make something work "out of the box" prevent this because statically linking to the runtime in a DLL is usually a mistake by the user. It's either made accidentally or through ignorance of the major problems this can create.
If you statically link to the runtimes, each DLL/exe will have its own copy of the runtimes, with their own global variables. And since the heap is managed via globals, this means that each DLL/exe will have its own heap. So if you try to free memory allocated in another address space... boom. And this is a lot easier than you think if you're not careful.
This can cause other problems as well. The "freetards" are trying to stop you from shooting yourself in the foot. But obviously you know better than to "force their crap on honest and unsuspecting users" who might want to be advised when they're about to drive over a cliff.
Now, you could simply remove the error message. Most of Boost is headers, so as long as you're not actually linking to any of its .libs, you should be fine. However, I'd guess that "auto_link.hpp" is only used by the parts of Boost that are .libs, odds are good that the fact you encountered it to begin with means you're trying to link to a Boost .lib.
Changing to Dynamic Runtime Linking (/MD and /MDd) is not feasible since static linking was chosen (1) due to security considerations, and (2) another library uses static linking.
If security is a consideration, you should be aware of this: the very fact that you're building a DLL means that your application is potentially open to DLL injections, regardless of how you link to the runtimes. So I don't see how dynamic linking is any less secure than static.