diff --git a/meta/recipes-devtools/libtool/libtool-cross_2.4.bb b/meta/recipes-devtools/libtool/libtool-cross_2.4.bb
index 6d512b1..596528a 100644
--- a/meta/recipes-devtools/libtool/libtool-cross_2.4.bb
+++ b/meta/recipes-devtools/libtool/libtool-cross_2.4.bb
@@ -1,8 +1,9 @@
 require libtool-${PV}.inc
 
-PR = "r4"
+PR = "r5"
 PACKAGES = ""
 SRC_URI += "file://prefix.patch"
+SRC_URI += "file://fixinstall.patch"
 
 do_configure_prepend () {
 	# Remove any existing libtool m4 since old stale versions would break
diff --git a/meta/recipes-devtools/libtool/libtool-native_2.4.bb b/meta/recipes-devtools/libtool/libtool-native_2.4.bb
index 3d0998e..f405497 100644
--- a/meta/recipes-devtools/libtool/libtool-native_2.4.bb
+++ b/meta/recipes-devtools/libtool/libtool-native_2.4.bb
@@ -2,8 +2,9 @@ require libtool-${PV}.inc
 
 DEPENDS = ""
 
-PR = "r4"
+PR = "r5"
 SRC_URI += "file://prefix.patch"
+SRC_URI += "file://fixinstall.patch"
 
 inherit native
 
diff --git a/meta/recipes-devtools/libtool/libtool-nativesdk_2.4.bb b/meta/recipes-devtools/libtool/libtool-nativesdk_2.4.bb
index a96d1d1..bf1928d 100644
--- a/meta/recipes-devtools/libtool/libtool-nativesdk_2.4.bb
+++ b/meta/recipes-devtools/libtool/libtool-nativesdk_2.4.bb
@@ -1,7 +1,8 @@
 require libtool-${PV}.inc
 
-PR = "r4"
+PR = "r5"
 SRC_URI += "file://prefix.patch"
+SRC_URI += "file://fixinstall.patch"
 
 inherit nativesdk
 
diff --git a/meta/recipes-devtools/libtool/libtool/fixinstall.patch b/meta/recipes-devtools/libtool/libtool/fixinstall.patch
new file mode 100644
index 0000000..4db1686
--- a/dev/null
+++ b/meta/recipes-devtools/libtool/libtool/fixinstall.patch
@@ -0,0 +1,110 @@
+There is no point in having "executable" binaries in the .libs
+directory linked with different rpaths to the target which 
+could concivably be run on the build system when cross compiling.
+
+This patch removes the extra rpaths ($compile_rpath) so that the
+output from the "link" stage can be used on the target. We can then
+avoid having to "relink" during the install stage.
+
+This saves some build time (do_install is over 2 minutes faster for
+pulseaudio).
+
+This patch also removes an annoying "seems to be moved" warning
+which is totally bogus in the sysroot case.
+
+Upstream-Status: Inappropriate [upstream are unlikely to take a patch like this]
+
+RP 2011/11/16
+
+Index: libtool-2.4/libltdl/config/ltmain.m4sh
+===================================================================
+--- libtool-2.4.orig/libltdl/config/ltmain.m4sh	2011-11-16 14:50:01.070383779 +0000
++++ libtool-2.4/libltdl/config/ltmain.m4sh	2011-11-16 15:27:13.582310413 +0000
+@@ -2163,7 +2163,7 @@
+ 	dir="$func_dirname_result"
+ 	func_append dir "$objdir"
+ 
+-	if test -n "$relink_command"; then
++        if test "$fast_install" = no && test -n "$relink_command"; then
+       # Strip any trailing slash from the destination.
+       func_stripname '' '/' "$libdir"
+       destlibdir=$func_stripname_result
+@@ -2202,7 +2202,7 @@
+ 	  shift
+ 
+ 	  srcname="$realname"
+-	  test -n "$relink_command" && srcname="$realname"T
++	  test "$fast_install" = no && test -n "$relink_command" && srcname="$realname"T
+ 
+ 	  # Install the shared library and build the symlinks.
+ 	  func_show_eval "$install_shared_prog $dir/$srcname $destdir/$realname" \
+@@ -5856,15 +5856,15 @@
+ 	    # Hardcode the library path.
+ 	    # Skip directories that are in the system default run-time
+ 	    # search path.
+-	    case " $sys_lib_dlsearch_path " in
+-	    *" $absdir "*) ;;
+-	    *)
+-	      case "$compile_rpath " in
+-	      *" $absdir "*) ;;
+-	      *) func_append compile_rpath " $absdir" ;;
+-	      esac
+-	      ;;
+-	    esac
++	    #case " $sys_lib_dlsearch_path " in
++	    #*" $absdir "*) ;;
++	    #*)
++	    #  case "$compile_rpath " in
++	    #  *" $absdir "*) ;;
++	    #  *) func_append compile_rpath " $absdir" ;;
++	    #  esac
++	    #  ;;
++	    #esac
+ 	    case " $sys_lib_dlsearch_path " in
+ 	    *" $libdir "*) ;;
+ 	    *)
+@@ -5930,15 +5930,15 @@
+ 	    # Hardcode the library path.
+ 	    # Skip directories that are in the system default run-time
+ 	    # search path.
+-	    case " $sys_lib_dlsearch_path " in
+-	    *" $absdir "*) ;;
+-	    *)
+-	      case "$compile_rpath " in
+-	      *" $absdir "*) ;;
+-	      *) func_append compile_rpath " $absdir" ;;
+-	      esac
+-	      ;;
+-	    esac
++	    #case " $sys_lib_dlsearch_path " in
++	    #*" $absdir "*) ;;
++	    #*)
++	    #  case "$compile_rpath " in
++	    #  *" $absdir "*) ;;
++	    #  *) func_append compile_rpath " $absdir" ;;
++	    #  esac
++	    #  ;;
++	    #esac
+ 	    case " $sys_lib_dlsearch_path " in
+ 	    *" $libdir "*) ;;
+ 	    *)
+@@ -6284,8 +6284,8 @@
+ 		  eval libdir=`${SED} -n -e 's/^libdir=\(.*\)$/\1/p' $deplib`
+ 		  test -z "$libdir" && \
+ 		    func_fatal_error "\`$deplib' is not a valid libtool archive"
+-		  test "$absdir" != "$libdir" && \
+-		    func_warning "\`$deplib' seems to be moved"
++		  #test "$absdir" != "$libdir" && \
++		  #  func_warning "\`$deplib' seems to be moved"
+ 
+ 		  path="-L$absdir"
+ 		fi
+@@ -8191,7 +8191,7 @@
+       if test "$hardcode_action" = relink; then
+ 	# Fast installation is not supported
+ 	link_command="$compile_var$compile_command$compile_rpath"
+-	relink_command="$finalize_var$finalize_command$finalize_rpath"
++	relink_command="$finalize_var$finalize_command$finalize_c"
+ 
+ 	func_warning "this platform does not like uninstalled shared libraries"
+ 	func_warning "\`$output' will be relinked during installation"