BOOL AtlWaitWithMessageLoop_WithTimeOut(HANDLE hEvent, DWORD timeOut = INFINITE)
{
        DWORD dwRet;
        MSG msg;

       // здесь ...
       DWORD start = ::GetTickCount();
       DWORD duration = 0;

        while(1)
        {
                dwRet = MsgWaitForMultipleObjects(1, &hEvent, FALSE, timeOut, QS_ALLINPUT);

                if (dwRet == WAIT_OBJECT_0)
                        return TRUE;    // The event was signaled

                if (dwRet != WAIT_OBJECT_0 + 1)
                        break;          // Something else happened

                // There is one or more window message available. Dispatch them
                while(PeekMessage(&msg,NULL,NULL,NULL,PM_REMOVE))
                {
                        TranslateMessage(&msg);
                        DispatchMessage(&msg);
                        if (WaitForSingleObject(hEvent, 0) == WAIT_OBJECT_0)
                                return TRUE; // Event is now signaled.

                        // и здесь ...
                        duration = ::GetTickCount() - start;
                        if( duration > timeOut ) {
                                return FALSE;
                        }
                }
        }
        return FALSE;
}