diff --git a/net/lftp/Makefile b/net/lftp/Makefile
index 432f759ea..ea4f95dcb 100644
--- a/net/lftp/Makefile
+++ b/net/lftp/Makefile
@@ -1,7 +1,6 @@
 #
 # Copyright (C) 2008-2010 OpenWrt.org
 #
-
 # This is free software, licensed under the GNU General Public License v2.
 # See /LICENSE for more information.
 #
@@ -9,13 +8,13 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=lftp
-PKG_VERSION:=4.0.5
-PKG_RELEASE:=2
+PKG_VERSION:=4.0.7
+PKG_RELEASE:=1
 
 PKG_SOURCE:=$(PKG_NAME)-$(PKG_VERSION).tar.bz2
 PKG_SOURCE_URL:=http://lftp.cybermirror.org \
   http://lftp.cybermirror.org/old
-PKG_MD5SUM:=5400cad5f91e131ac2ded7c24aea594c
+PKG_MD5SUM:=a40e4518fc477c82ffcc5b04d9ff64ff
 
 PKG_INSTALL:=1
 
@@ -58,7 +57,7 @@ MAKE_VARS += \
 define Package/lftp/install
 	$(INSTALL_DIR) $(1)/usr/bin
 	$(INSTALL_DIR) $(1)/usr/lib
-	$(INSTALL_BIN) $(PKG_INSTALL_DIR)/usr/bin/lftp $(1)/usr/bin
+	$(INSTALL_BIN) $(PKG_INSTALL_DIR)/usr/bin/lftp $(1)/usr/bin/
 endef
 
 define Package/lftp/postinst
diff --git a/net/lftp/patches/001-libintl.patch b/net/lftp/patches/001-libintl.patch
index df77ac561..108539604 100644
--- a/net/lftp/patches/001-libintl.patch
+++ b/net/lftp/patches/001-libintl.patch
@@ -1,6 +1,6 @@
 --- a/lib/gettext.h
 +++ b/lib/gettext.h
-@@ -22,7 +22,6 @@
+@@ -23,7 +23,6 @@
  #if ENABLE_NLS
  
  /* Get declarations of GNU message catalog functions.  */
@@ -8,7 +8,7 @@
  
  /* You can set the DEFAULT_TEXT_DOMAIN macro to specify the domain used by
     the gettext() and ngettext() macros.  This is an alternative to calling
-@@ -54,7 +53,6 @@
+@@ -55,7 +54,6 @@
  #if defined(__cplusplus) && defined(__GNUG__) && (__GNUC__ >= 3)
  # include <cstdlib>
  # if (__GLIBC__ >= 2) || _GLIBCXX_HAVE_LIBINTL_H
diff --git a/net/lftp/patches/002-gettimeofday.patch b/net/lftp/patches/002-gettimeofday.patch
deleted file mode 100644
index e69de29bb..000000000