diff --git a/binwalk-0.4.5-dumbing-down-old-magic.patch b/binwalk-0.4.5-dumbing-down-old-magic.patch
deleted file mode 100644
index aef32e9..0000000
--- a/binwalk-0.4.5-dumbing-down-old-magic.patch
+++ /dev/null
@@ -1,13 +0,0 @@
-Index: src/binwalk.c
-===================================================================
---- src/binwalk.c.orig	2012-09-06 20:55:07.000000000 +0200
-+++ src/binwalk.c	2012-10-30 14:07:19.347285239 +0100
-@@ -77,8 +77,6 @@ int main(int argc, char *argv[])
- 	memset((void *) &globals,0,sizeof(globals));
- 	
- 	/* Initialize default configuration settings */
--	/* Thanks to dannyb for these flags - much improved scan times! */
--	config.flags = MAGIC_NO_CHECK_TEXT | MAGIC_NO_CHECK_ENCODING;
- 	config.align = DEFAULT_BYTE_ALIGN;
- 	config.smart = 1;
- 
diff --git a/binwalk-0.4.5.tar.gz b/binwalk-0.4.5.tar.gz
deleted file mode 100644
index a64c30c..0000000
--- a/binwalk-0.4.5.tar.gz
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:0797173ef20f581e7573976c70e4b2575656d56b482a9392a8795714436da2f0
-size 112526
diff --git a/binwalk-1.2.1.tar.gz b/binwalk-1.2.1.tar.gz
new file mode 100644
index 0000000..4e43051
--- /dev/null
+++ b/binwalk-1.2.1.tar.gz
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:5d286900b01af22499ac86f9fab7f8fb430e00e2c4cdafc142573837e16eb0c1
+size 89964
diff --git a/binwalk.changes b/binwalk.changes
index 3a31dd8..def387d 100644
--- a/binwalk.changes
+++ b/binwalk.changes
@@ -1,3 +1,17 @@
+-------------------------------------------------------------------
+Mon Sep 23 13:13:57 UTC 2013 - vcizek@suse.com
+
+- update to 1.2.1
+ * complete re-write in Python and includes new features and
+   a scriptable Python module
+ * several new features, including recursive scanning and extraction,
+   strings and entropy analysis, and plugin support
+ * major speed improvements and regex filter support,
+   as well as bug fixes and signature updates
+ * adds the --extract option and extends --dd, allowing auto extraction
+   and auto decompression of extracted files
+ * Improved signatures and scan speed
+
 -------------------------------------------------------------------
 Tue Oct 30 12:42:57 UTC 2012 - boris@steki.net
 
diff --git a/binwalk.spec b/binwalk.spec
index 0326542..f5e5bc4 100644
--- a/binwalk.spec
+++ b/binwalk.spec
@@ -18,21 +18,21 @@
 # norootforbuild
 
 Name:           binwalk
-Version:        0.4.5
+Version:        1.2.1
 Release:        0
 License:        MIT
 Summary:        Firmware Analysis Tool
 Url:            http://code.google.com/p/binwalk/
 Group:          Development/Tools/Debuggers
 Source0:        http://binwalk.googlecode.com/files/%{name}-%{version}.tar.gz
-%if 0%{sles_version} <= 11
-Patch0:         binwalk-0.4.5-dumbing-down-old-magic.patch
-%endif
-BuildRequires:  libcurl-devel
-BuildRequires:  zlib-devel
-BuildRequires:  help2man
-BuildRequires:  file-devel
-BuildRoot:      %{_tmppath}/%{name}-%{version}-build
+BuildArch:      noarch
+BuildRequires:  python-magic
+BuildRequires:  python-matplotlib
+BuildRequires:  python-matplotlib-tk
+Requires:       python
+Requires:       python-magic
+Requires:       python-matplotlib
+Requires:       python-matplotlib-tk
 
 %description
 Binwalk is a tool for searching a given binary image for embedded files and executable code.
@@ -43,41 +43,25 @@ found in firmware images such as compressed/archived files, firmware headers, Li
 
 %prep
 %setup -q
-%if 0%{sles_version} <= 11
-%patch0
-%endif
 
 %build
-cd src
-%configure
-make %{?_smp_mflags}
-
-# used for older versions of help2man - read SLE...
-%if 0%{?sles_version}
-cp binwalk binwalk.bin; echo '#!/bin/sh' > binwalk.sh;echo './binwalk.bin $* 2>&1' >> binwalk.sh; chmod 755 binwalk.sh; help2man -N  --help-option="-h" --version-option="-h" ./binwalk.sh |sed -e 's/binwalk.bin/binwalk/g' |gzip -9 - > binwalk.1.gz
-%else
-help2man --no-discard-stderr --help-option="-h" --version-option="-h" ./binwalk |gzip -9 - > binwalk.1.gz
-%endif
+pushd src
+%{__python} setup.py build
+popd
 
 %install
-cd src
-make install DESTDIR=%{buildroot}
-install -p -D -m 0644 binwalk.1.gz %{buildroot}/%{_mandir}/man1/binwalk.1.gz
-# I really do not know why it likes this...
-#rm %%{buildroot}/%%{_sysconfdir}/binwalk/magic.o
-%clean
-%{?buildroot:%__rm -rf "%{buildroot}"}
+pushd src
+%{__python} setup.py install --prefix=%{_prefix} --root=%{buildroot}
+popd
 
 
 %files
 %defattr(-,root,root)
-%doc docs/README
-%dir %{_sysconfdir}/binwalk/
-%config %{_sysconfdir}/binwalk/magic.binarch
-%config %{_sysconfdir}/binwalk/magic.bincast
-%config %{_sysconfdir}/binwalk/magic.binwalk
-%{_bindir}/binwalk
-%{_mandir}/man1/binwalk.1.gz
+%doc docs/*
+%{_bindir}/%{name}
+%{python_sitelib}/%{name}/
+%{python_sitelib}/binwalk-1.2-py2.7.egg-info
+
 
 %changelog