wget -c http://ftp.vim.org/pub/vim/unix/vim-7.4.tar.bz2
tar -xjf vim-7.4.tar.bz2
cd vim74
./configure --prefix="/usr" --enable-multibyte # vim's buildsystem doesn't like separate build directories
make # Doesn't mind -j#
make install
echo 'set enc=utf-8' >> /usr/share/vim/vimrc # Set to use UTF-8 by default