diff --git a/Formula/rubinius.rb b/Formula/rubinius.rb
index 4b7474f2d4e..7f67940b8f1 100644
--- a/Formula/rubinius.rb
+++ b/Formula/rubinius.rb
@@ -2,10 +2,10 @@ require 'formula'
 
 class Rubinius < Formula
   homepage 'http://rubini.us/'
-  url 'http://asset.rubini.us/rubinius-1.2.3-20110315.tar.gz'
-  version '1.2.3'
-  sha1 '7326e27f459e299dd0c2905de9b54034cc70ccbe'
-  head 'https://github.com/evanphx/rubinius.git'
+  url 'http://asset.rubini.us/rubinius-1.2.4-20110705.tar.gz'
+  version '1.2.4'
+  sha1 'c39c4fb1e62e0fb418453811636177e6ccf6a936'
+  head 'https://github.com/rubinius/rubinius.git'
 
   # Do not strip binaries, or else it fails to run.
   skip_clean :all