diff --git a/src/Makefile b/src/Makefile
index aeedf4f2..1a9389f6 100644
--- a/src/Makefile
+++ b/src/Makefile
@@ -115,15 +115,15 @@ $(BIN)/%.flags :
 # Rules for specific object types.
 #
 COMPILE_c	= $(CC) $(CFLAGS) $(CFLAGS_c) $(OBJ_CFLAGS)
-RULE_c		= $(COMPILE_c) -c $< -o $@
-RULE_c_to_dbg%.o = $(COMPILE_c) -Ddebug_$(OBJECT)=$* -c $< -o $@
-RULE_c_to_c	= $(COMPILE_c) -E -c $< > $@
-RULE_c_to_s	= $(COMPILE_c) -S -g0 -c $< -o $@ 
+RULE_c		= $(Q)$(COMPILE_c) -c $< -o $@
+RULE_c_to_dbg%.o = $(Q)$(COMPILE_c) -Ddebug_$(OBJECT)=$* -c $< -o $@
+RULE_c_to_c	= $(Q)$(COMPILE_c) -E -c $< > $@
+RULE_c_to_s	= $(Q)$(COMPILE_c) -S -g0 -c $< -o $@ 
 
 PREPROCESS_S	= $(CPP) $(CFLAGS) $(CFLAGS_S) $(OBJ_CFLAGS)
 ASSEMBLE_S	= $(AS) $(ASFLAGS)
-RULE_S		= $(PREPROCESS_S) $< | $(ASSEMBLE_S) -o $@
-RULE_S_to_s	= $(PREPROCESS_S) $< > $@
+RULE_S		= $(Q)$(PREPROCESS_S) $< | $(ASSEMBLE_S) -o $@
+RULE_S_to_s	= $(Q)$(PREPROCESS_S) $< > $@
 
 DEBUG_TARGETS	+= dbg%.o c s
 
diff --git a/src/Makefile.housekeeping b/src/Makefile.housekeeping
index 497e69e7..a4258830 100644
--- a/src/Makefile.housekeeping
+++ b/src/Makefile.housekeeping
@@ -39,6 +39,16 @@ version :
 	@$(TOUCH) $@
 VERYCLEANUP	+= .toolcheck
 
+# Build verbosity
+#
+ifeq ($(V),1)
+Q = 
+QM = @\#
+else
+Q = @
+QM = @
+endif
+
 # Check for an old version of gas (binutils 2.9.1)
 #
 OLDGAS	:= $(shell $(AS) --version | grep -q '2\.9\.1' && echo -DGAS291)
@@ -111,11 +121,13 @@ define obj_template
 	@$(CPP) $(CFLAGS) $(CFLAGS_$(3)) $(CFLAGS_$(4)) \
 		-M $(1) -MT "$(4)_DEPS" -MG | tr : = >> $(2)
 	@echo -e '\n$$(BIN)/$(4).o : $(1) $$(MAKEDEPS) $$($(4)_DEPS)' \
+		 '\n\t$$(QM)echo "  [BUILD] $$@"\n' \
 		 '\n\t$$(RULE_$(3))\n' \
 		 '\nBOBJS += $$(BIN)/$(4).o\n' \
 		 $(foreach TGT,$(DEBUG_TARGETS), \
 		    $(if $(RULE_$(3)_to_$(TGT)), \
 		    '\n$$(BIN)/$(4).$(TGT) : $(1) $$(MAKEDEPS) $$($(4)_DEPS)' \
+		    '\n\t$$(QM)echo "  [BUILD] $$@"\n' \
 		    '\n\t$$(RULE_$(3)_to_$(TGT))\n' \
 		    '\n$(TGT)_OBJS += $$(BIN)/$(4).$(TGT)\n' ) ) \
 		 '\n$(2) : $$($(4)_DEPS)\n' \
@@ -274,18 +286,20 @@ VERYCLEANUP	+= $(BLIB_LIST)
 #
 BLIB		= $(BIN)/blib.a
 $(BLIB) : $(BLIB_OBJS) $(BLIB_LIST) $(MAKEDEPS)
-	$(RM) $(BLIB)
-	$(AR) r $@ $(BLIB_OBJS)
-	$(RANLIB) $@
+	$(Q)$(RM) $(BLIB)
+	$(QM)echo "  [AR] $@"
+	$(Q)$(AR) r $@ $(BLIB_OBJS)
+	$(Q)$(RANLIB) $@
 blib : $(BLIB)
 
 # Build an intermediate object file from the objects required for the
 # specified target.
 #
 $(BIN)/%.tmp : $(BLIB) $(MAKEDEPS) $(LDSCRIPT) 
-	$(LD) $(LDFLAGS) -T $(LDSCRIPT) $(TGT_LD_FLAGS) $(BLIB) -o $@ \
+	$(QM)echo "  [LD] $@"
+	$(Q)$(LD) $(LDFLAGS) -T $(LDSCRIPT) $(TGT_LD_FLAGS) $(BLIB) -o $@ \
 		-Map $(BIN)/$*.tmp.map
-	$(OBJDUMP) -ht $@ | $(SORTOBJDUMP) >> $(BIN)/$*.tmp.map
+	$(Q)$(OBJDUMP) -ht $@ | $(SORTOBJDUMP) >> $(BIN)/$*.tmp.map
 
 # Show a linker map for the specified target
 #