diff --git a/rsyslog-7.2.3.tar.gz b/rsyslog-7.2.3.tar.gz
deleted file mode 100644
index 2107bcb..0000000
--- a/rsyslog-7.2.3.tar.gz
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:f9190acdf902a22338b4b0bc43e37cd863881068486f071cba907446c3e35b97
-size 2701840
diff --git a/rsyslog-7.2.4.tar.gz b/rsyslog-7.2.4.tar.gz
new file mode 100644
index 0000000..f38c9c3
--- /dev/null
+++ b/rsyslog-7.2.4.tar.gz
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:90af55f696db3209a9ef28d8e8052c48917479dd994838f5ef678b1f701c4540
+size 2702981
diff --git a/rsyslog.changes b/rsyslog.changes
index 730ffea..b670ad1 100644
--- a/rsyslog.changes
+++ b/rsyslog.changes
@@ -1,3 +1,50 @@
+-------------------------------------------------------------------
+Mon Jan  7 10:58:19 UTC 2013 - mt@suse.com
+
+- Update to 7.2.4 [v7-stable] with following changes:
+  - enhance: permit RFC3339 timestamp in local log socket messages
+    Thanks to Sebastien Ponce for the patch.
+  - imklog: added ParseKernelTimestamp parameter (import from 5.10.2)
+    Thanks to Marius Tomaschewski for the patch.
+  - fix missing functionality: ruleset(){} could not specify ruleset queue
+    The "queue.xxx" parameter set was not supported, and legacy ruleset
+    config statements did not work (by intention). The fix introduces the
+    "queue.xxx" parameter set. It has some regression potential, but only
+    for the new functionality. Note that using that interface it is possible
+    to specify duplicate queue file names, which will cause trouble. This
+    will be solved in v7.3, because there is a too-large regression
+    potential for the v7.2 stable branch.
+  - imklog: added KeepKernelTimestamp parameter (import from 5.10.2)
+    Thanks to Marius Tomaschewski for the patch.
+  - bugfix: imklog mistakenly took kernel timestamp subseconds as nanoseconds
+    ... actually, they are microseconds. So the fractional part of the 
+    timestamp was not properly formatted. (import from 5.10.2)
+    Thanks to Marius Tomaschewski for the bug report and the patch idea.
+  - bugfix: supportoctetcountedframing parameter did not work in imptcp
+  - bugfix: modules not (yet) supporting new conf format were not properly
+    registered. This lead to a "module not found" error message instead of
+    the to-be-expected "module does not support new style" error message.
+    That invalid error message could be quite misleading and actually stop
+    people from addressing the real problem (aka "go nuts" ;))
+  - bugfix: template "type" parameter is mandatory (but was not)
+  - bugfix: some message properties could be garbled due to race condition
+    This happened only on very high volume systems, if the same message was
+    being processed by two different actions. This was a regression caused
+    by the new config processor, which did no longer properly enable msg
+    locking in multithreaded cases. The bugfix is actually a refactoring of
+    the msg locking code - we no longer do unlocked operations, as the use
+    case for it has mostly gone away. It is potentially possible only at
+    very low-end systems, and there the small additional overhead of doing
+    the locking does not really hurt. Instead, the removal of that 
+    capability can actually slightly improve performance in common cases,
+    as the code path is smaller and requires slightly less memory writes.
+    That probably outperforms the extra locking overhead (which in the 
+    low-end case always happens in user space, without need for kernel
+    support as we can always directly aquire the lock - there is no
+    contention at all).
+- Removed imklog-kernel-timestamp-parsing (bnc#783967) patch obsoleted
+  by this version.
+
 -------------------------------------------------------------------
 Fri Nov 23 01:28:46 UTC 2012 - mrueckert@suse.de
 
diff --git a/rsyslog.spec b/rsyslog.spec
index acec98e..22d3845 100644
--- a/rsyslog.spec
+++ b/rsyslog.spec
@@ -1,7 +1,7 @@
 #
 # spec file for package rsyslog
 #
-# Copyright (c) 2012 SUSE LINUX Products GmbH, Nuernberg, Germany.
+# Copyright (c) 2013 SUSE LINUX Products GmbH, Nuernberg, Germany.
 #
 # All modifications and additions to the file contributed by third parties
 # remain the property of their copyright owners, unless otherwise agreed
@@ -20,7 +20,7 @@ Name:           rsyslog
 Summary:        The enhanced syslogd for Linux and Unix
 License:        (GPL-3.0+ and Apache-2.0)
 Group:          System/Daemons
-Version:        7.2.3
+Version:        7.2.4
 Release:        0
 %if 0%{?suse_version} >= 1210
 %bcond_without  systemd
@@ -150,7 +150,6 @@ Source2:        rsyslog.conf.in
 Source4:        rsyslog.d.remote.conf.in
 Source5:        rsyslog-service-prepare.in
 Source6:        rsyslog.service.in.in
-Patch1:         0001-imklog-kernel-timestamp-parsing.bnc783967.patch
 
 %description
 Rsyslog is an enhanced multi-threaded syslogd supporting, among others,
@@ -357,7 +356,6 @@ This module provides support to output to an HDFS database.
 
 %endif
 
-
 %if %{with mongodb}
 
 %package module-mongodb
@@ -373,7 +371,6 @@ This module provides support to output to a MongoDB database.
 
 %endif
 
-
 %if %{with hiredis}
 
 %package module-hiredis
@@ -406,7 +403,6 @@ This module provides support for ZeroMQ.
 
 %prep
 %setup -q -n %{name}-%{upstream_version}
-%patch1 -p1
 #
 %if %{with systemd}
 for file in rsyslog-service-prepare rsyslog.service.in ; do