diff --git a/build/premake/premake.exe b/build/premake/premake.exe
index 7e58da837d..a24cbce9df 100755
Binary files a/build/premake/premake.exe and b/build/premake/premake.exe differ
diff --git a/build/premake/premake.lua b/build/premake/premake.lua
index 9aeaa54a93..d3acfd360a 100755
--- a/build/premake/premake.lua
+++ b/build/premake/premake.lua
@@ -15,11 +15,12 @@ function setuppackage (projectname)
 	if (projectname == "sced") then
 		package.name = "sced"
 		exename = "sced"
-		objdirprefix = "ScEd_"
+		objdirprefix = "obj/ScEd_"
+		package.build = 0   -- Don't build Sced by default
 	else
 		package.name = "pyrogenesis"
 		exename = "ps"
-		objdirprefix = ""
+		objdirprefix = "obj/"
 	end
 
 	-- Windowed executable on windows, "exe" on all other platforms
@@ -32,7 +33,6 @@ function setuppackage (projectname)
 	package.config["Release"].target = exename
 	package.config["Testing"].target = exename.."_test"
 
-	-- TODO: Implement objdir in Premake
 	package.config["Debug"].objdir = objdirprefix.."Debug"
 	package.config["Release"].objdir  = objdirprefix.."Release"
 	package.config["Testing"].objdir = objdirprefix.."Testing"
@@ -225,4 +225,4 @@ function setuppackage (projectname)
 end
 
 setuppackage("pyrogenesis")
--- setuppackage("sced")
\ No newline at end of file
+setuppackage("sced")
\ No newline at end of file
diff --git a/build/premake/src/Src/project.c b/build/premake/src/Src/project.c
index 6a4b4080b2..1447dfbccb 100644
--- a/build/premake/src/Src/project.c
+++ b/build/premake/src/Src/project.c
@@ -35,6 +35,7 @@ static int  getDeepArraySize(int ref);
 static int  getObjectFromArray(int ref, int i);
 static const char* getString(int ref, char* name);
 static const char* getStringFromArray(int ref, int index);
+static double getNumber(int ref, char* name);
 
 static int  addoption(lua_State* L);
 static int  copyfile(lua_State* L);
@@ -337,6 +338,7 @@ static int finishProject()
 		for (j = 0; j < package->numConfigs; ++j)
 		{
 			int cfg;
+			const char* objdir;
 
 			Config* config = (Config*)malloc(sizeof(Config));
 			package->config[j] = config;
@@ -349,6 +351,17 @@ static int finishProject()
 			if (config->target == NULL) config->target = getString(pkg, "target");
 			if (config->target == NULL) config->target = package->name;
 
+			objdir = getString(cfg, "objdir");
+			if (objdir == NULL)
+			{
+				config->objdir = (char*)malloc(4+strlen(config->name)+1);
+				sprintf(config->objdir, "obj\\%s", config->name);
+			}
+			else
+			{
+				config->objdir = strdup(translatePath(objdir, NATIVE));
+			}
+
 			config->pchHeader = getString(cfg, "pchHeader");
 			if (!config->pchHeader)
 				config->pchHeader = getString(pkg, "pchHeader");
@@ -357,6 +370,13 @@ static int finishProject()
 			if (!config->pchSource)
 				config->pchSource = getString(pkg, "pchSource");
 
+			if (getString(cfg, "build"))
+				config->build = (getNumber(cfg, "build") != 0.0);
+			else if (getString(pkg, "build"))
+				config->build = (getNumber(pkg, "build") != 0.0);
+			else
+				config->build = 1;
+
 			getConfigList(pkg, cfg, "buildflags", &config->buildFlags, &config->numBuildFlags);
 			getConfigList(pkg, cfg, "buildoptions", &config->buildOptions, &config->numBuildOptions);
 			getConfigList(pkg, cfg, "defines", &config->defines, &config->numDefines);
@@ -392,6 +412,7 @@ void closeProject()
 			free((char**)config->linkFlags);
 			free((char**)config->linkOptions);
 			free((char**)config->links);
+			free((char*)config->objdir);
 			free(package->config[j]);
 		}
 		free(package->config);
@@ -487,6 +508,20 @@ static const char* getString(int ref, char* name)
 
 //-----------------------------------------------------------------------------
 
+static double getNumber(int ref, char* name)
+{
+	double num;
+	lua_getref(L, ref);
+	lua_pushstring(L, name);
+	lua_gettable(L, -2);
+	num = lua_tonumber(L, -1);
+	lua_pop(L, 2);
+
+	return num;
+}
+
+//-----------------------------------------------------------------------------
+
 static const char* goDeep(int ref, int* index)
 {
 	int i;
diff --git a/build/premake/src/Src/project.h b/build/premake/src/Src/project.h
index f9034e94b5..03dd898cc4 100644
--- a/build/premake/src/Src/project.h
+++ b/build/premake/src/Src/project.h
@@ -23,6 +23,8 @@ typedef struct _Config
 	const char** links;
 	const char* pchHeader;
 	const char* pchSource;
+	char* objdir;
+	int build; // 0 or 1, to indicate whether to include it in the default build
 	int numBuildFlags;
 	int numBuildOptions;
 	int numDefines;
diff --git a/build/premake/src/Src/vs6.c b/build/premake/src/Src/vs6.c
index e5112025cb..87aae62962 100644
--- a/build/premake/src/Src/vs6.c
+++ b/build/premake/src/Src/vs6.c
@@ -292,7 +292,7 @@ static int writeVcProject(Package* package)
 			fprintf(file, reversePath(package->path, outdir, WIN32));
 			insertPath(file, getDirectory(config->target), WIN32);
 			fprintf(file, "\"\n");
-		fprintf(file, "# PROP Intermediate_Dir \"obj\\%s\\\"\n", config->name);
+		fprintf(file, "# PROP Intermediate_Dir \"%s\\\"\n", config->objdir);
 		if (strcmp(package->kind, "lib") != 0)
 			fprintf(file, "# PROP Ignore_Export_Lib %d\n", importlib ? 0 : 1);
 		fprintf(file, "# PROP Target_Dir \"\"\n");
@@ -470,7 +470,7 @@ static int writeCsProject(Package* package)
 			fprintf(file, reversePath(package->path, project->binaries, WIN32));
 			insertPath(file, getDirectory(config->target), WIN32);
 			fprintf(file, "\"\n");
-		fprintf(file, "# PROP Intermediate_Dir \"obj\\%s\"\n", config->name);
+		fprintf(file, "# PROP Intermediate_Dir \"%s\"\n", config->objdir);
 		fprintf(file, "# PROP Target_Dir \"\"\n");
 		fprintf(file, "# Begin Special Build Tool\n");
 		fprintf(file, "SOURCE=\"$(InputPath)\"\n");
@@ -484,7 +484,7 @@ static int writeCsProject(Package* package)
 			if (unsafe) fprintf(file, " /unsafe");
 			fprintf(file, " /lib:\"%s\"", reversePath(package->path, project->binaries, WIN32));
 			writeList(file, config->links, " /r:", ".dll", "", checkRef, &i);
-			fprintf(file, " obj\\%s\\*.cs\n", config->name);
+			fprintf(file, " %s\\*.cs\n", config->objdir);
 
 		fprintf(file, "# End Special Build Tool\n");
 		fprintf(file, "\n");
@@ -512,7 +512,7 @@ static int writeCsProject(Package* package)
 			fprintf(file, "!%s  \"$(CFG)\" == \"%s - Win32 %s\"", (i == 0 ? "IF" : "ELSEIF"), replaceChars(package->name,"-"), config->name);
 			fprintf(file, "\n");
 			fprintf(file, "# Begin Custom Build - %s\n", source);
-			fprintf(file, "IntDir=.\\obj\\%s\n", config->name);
+			fprintf(file, "IntDir=.\\%s\n", config->objdir);
 			fprintf(file, "InputPath=.\\%s\n", translatePath(source, WIN32));
 			fprintf(file, "\n");
 			fprintf(file, "\"$(INTDIR)\\%s\" : $(SOURCE) \"$(INTDIR)\" \"$(OUTDIR)\"\n", translatePath(source, WIN32));
diff --git a/build/premake/src/Src/vs7.c b/build/premake/src/Src/vs7.c
index ded6ea25f8..5e06d41ed1 100644
--- a/build/premake/src/Src/vs7.c
+++ b/build/premake/src/Src/vs7.c
@@ -205,7 +205,8 @@ static int writeSolution(int version)
 			Config* config = package->config[j];
 			PkgData* data = (PkgData*)package->data;
             fprintf(file, "\t\t{%s}.%s.ActiveCfg = %s|%s\n", data->projGuid, config->name, config->name, data->projType);
-			fprintf(file, "\t\t{%s}.%s.Build.0 = %s|%s\n", data->projGuid, config->name, config->name, data->projType);
+			if (config->build)
+				fprintf(file, "\t\t{%s}.%s.Build.0 = %s|%s\n", data->projGuid, config->name, config->name, data->projType);
 		}
 	}
 	fprintf(file, "\tEndGlobalSection\n");
@@ -411,7 +412,7 @@ static int writeVcProject(int version, Package* package)
 			fprintf(file, reversePath(path, (configType != 4 ? project->binaries : project->libraries), WIN32));
 			insertPath(file, getDirectory(config->target), WIN32);
 			fprintf(file, "\"\n");
-		fprintf(file, "            IntermediateDirectory=\"obj\\%s\\\"\n", config->name);
+		fprintf(file, "            IntermediateDirectory=\"%s\\\"\n", config->objdir);
 		fprintf(file, "            ConfigurationType=\"%d\"\n", configType);
 		fprintf(file, "            CharacterSet=\"2\"");
 		if (managed) fprintf(file, "\n            ManagedExtensions=\"TRUE\"");
@@ -490,7 +491,7 @@ static int writeVcProject(int version, Package* package)
 				}
 				else
 				{
-					fprintf(file, "                ProgramDatabaseFile=\"obj\\%s\\%s.pdb\"\n", config->name, getFilename(config->target, 0));
+					fprintf(file, "                ProgramDatabaseFile=\"%s\\%s.pdb\"\n", config->objdir, getFilename(config->target, 0));
 				}
 			}
 			fprintf(file, "                SubSystem=\"%d\"\n", subsystem);