Just imagecolorat()? Does it complain about others if you take mention of imagecolorat() out?
In short, is gd_lib installed at all? (check phpinfo() for this - there'd be a section for gd if it is.
You should have the dll (under php\extensions) as php_gd.dll already. Note also you'll need extension=php_gd.dll in your php.ini (it's probably already there but commented out).