Don't copy the whole /bin when symlinking.
Also provide python3.exe for backwards compat.
Unset MSYSTEM, to fix some path comparisons due to os.sep differences.
Skip some msvc build specifics
diff -Naur Python-3.8.0-orig/Lib/venv/__init__.py Python-3.8.0/Lib/venv/__init__.py
--- Python-3.8.0-orig/Lib/venv/__init__.py	2019-10-22 10:05:21.691201800 +0300
+++ Python-3.8.0/Lib/venv/__init__.py	2019-10-22 10:05:25.591208600 +0300
@@ -11,6 +11,7 @@
 import sys
 import sysconfig
 import types
+from sysconfig import _POSIX_BUILD
 
 logger = logging.getLogger(__name__)
 
@@ -110,7 +111,7 @@
         context.executable = executable
         context.python_dir = dirname
         context.python_exe = exename
-        if sys.platform == 'win32':
+        if sys.platform == 'win32' and not _POSIX_BUILD:
             binname = 'Scripts'
             incpath = 'Include'
             libpath = os.path.join(env_dir, 'Lib', 'site-packages')
@@ -244,7 +244,7 @@
                     if not os.path.islink(path):
                         os.chmod(path, 0o755)
         else:
-            if self.symlinks:
+            if self.symlinks and not _POSIX_BUILD:
                 # For symlinking, we need a complete copy of the root directory
                 # If symlinks fail, you'll get unnecessary copies of files, but
                 # we assume that if you've opted into symlinks on Windows then
@@ -266,7 +267,13 @@
                 if os.path.lexists(src):
                     copier(src, os.path.join(binpath, suffix))
 
-            if sysconfig.is_python_build(True):
+            if _POSIX_BUILD:
+                # copy from python/pythonw so the venvlauncher magic in symlink_or_copy triggers
+                copier(os.path.join(dirname, 'python.exe'), os.path.join(binpath, 'python3.exe'))
+                copier(os.path.join(dirname, 'python.exe'), os.path.join(binpath, 'python%d.%d.exe' % sys.version_info[:2]))
+                copier(os.path.join(dirname, 'pythonw.exe'), os.path.join(binpath, 'python3w.exe'))
+
+            if sysconfig.is_python_build(True) and not _POSIX_BUILD:
                 # copy init.tcl
                 for root, dirs, files in os.walk(context.python_dir):
                     if 'init.tcl' in files:
@@ -285,9 +285,11 @@
         # We run ensurepip in isolated mode to avoid side effects from
         # environment vars, the current directory and anything else
         # intended for the global Python environment
+        env = os.environ.copy()
+        env.pop("MSYSTEM", None)
         cmd = [context.env_exe, '-Im', 'ensurepip', '--upgrade',
-                                                    '--default-pip']
-        subprocess.check_output(cmd, stderr=subprocess.STDOUT)
+               '--default-pip']
+        subprocess.check_call(cmd, stderr=subprocess.STDOUT, env=env)
 
     def setup_scripts(self, context):
         """