diff --git a/CHANGELOG.md b/CHANGELOG.md
index a173c1c..cfceaff 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Changelog
 
+## 1.2.0 (2015-10-26)
+
+- Switched to new base box version 1.8.3
+  - Docker v1.8.3, Docker Compose v1.4.2
+  - SFTP support (user: docker, password: tcuser or using vagrants insecure key)
+- Added nfs2 synced folders option with optimized NFS settings (experimental and default)
+- Switched to vhost-proxy [v1.1.0](https://github.com/blinkreaction/docker-nginx-proxy/releases/tag/v1.1.0) and dns-discovery [v1.0.0](https://github.com/blinkreaction/docker-dns-discovery/releases/tag/v1.0.0) container images
+- Moved scripts to a subfolder
+- Fixed Version requirements for Vagrant and Virtual Box
+
 ## 1.1.1 (2015-10-01)
 
 - Fix path to VBoxManage on Windows
diff --git a/README.md b/README.md
index ccda5e4..0c6648b 100644
--- a/README.md
+++ b/README.md
@@ -7,8 +7,8 @@ The stock boot2docker currently mounts host volumes via the default VirtualBox G
 
 <a name="requirements"></a>
 ## Prerequisites
-1. [VirtualBox](https://www.virtualbox.org/) 1.7.3+
-2. [Vagrant](https://www.vagrantup.com/) 5.0+
+1. [VirtualBox](https://www.virtualbox.org/) 5.0+
+2. [Vagrant](https://www.vagrantup.com/) 1.7.3+
 3. [Babun](http://babun.github.io) - A Linux-type shell, **Windows only**
 
 Proceed to [Setup and usage](#setup) if you already have all prerequisites installed or prefer to install some/all manually.  
diff --git a/VERSION b/VERSION
index 524cb55..26aaba0 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-1.1.1
+1.2.0
diff --git a/Vagrantfile b/Vagrantfile
index be4e066..cb52504 100644
--- a/Vagrantfile
+++ b/Vagrantfile
@@ -92,13 +92,13 @@ end
 ######################################################################
 
 # Vagrant Box Configuration #
-Vagrant.require_version ">= 1.6.3"
+Vagrant.require_version ">= 1.7.3"
 
 Vagrant.configure("2") do |config|
   config.vm.define "boot2docker"
 
   config.vm.box = "blinkreaction/boot2docker"
-  config.vm.box_version = "1.8.2"
+  config.vm.box_version = "1.8.3"
   config.vm.box_check_update = true
 
   ## Network ##
@@ -125,6 +125,13 @@ Vagrant.configure("2") do |config|
       mount_options: ["nolock", "vers=3", "tcp"]
     config.nfs.map_uid = Process.uid
     config.nfs.map_gid = Process.gid
+  # nfs2: better performance on Mac, experimental
+  elsif synced_folders['type'] == "nfs2"  && !is_windows
+    config.vm.synced_folder vagrant_root, vagrant_mount_point,
+      type: "nfs",
+      mount_options: ["nolock", "noacl", "nocto", "noatime", "nodiratime", "vers=3", "tcp"]
+    config.nfs.map_uid = Process.uid
+    config.nfs.map_gid = Process.gid
   # smb: better performance on Windows. Requires Vagrant to be run with admin privileges.
   elsif synced_folders['type'] == "smb" && is_windows
     config.vm.synced_folder vagrant_root, vagrant_mount_point,
@@ -225,26 +232,28 @@ Vagrant.configure("2") do |config|
   end
 
   # System-wide dnsmasq service for DNS discovery and name resolution
+  # Image: blinkreaction/dns-discovery v1.0.0
   config.vm.provision "shell", run: "always", privileged: false do |s|
     s.inline = <<-SCRIPT
       echo "Starting system-wide DNS service... "
       docker rm -f dns > /dev/null 2>&1 || true
       docker run -d --name dns -p $1:53:53/udp -p 172.17.42.1:53:53/udp --cap-add=NET_ADMIN \
-      -v /var/run/docker.sock:/var/run/docker.sock \
-      blinkreaction/dns-discovery@sha256:4c0bc8f1abca904020459c6196cc547d0783d921abcf1495fdffe2e862dfdf86 > /dev/null
+      --dns 8.8.8.8 -v /var/run/docker.sock:/var/run/docker.sock \
+      blinkreaction/dns-discovery@sha256:f1322ab6d5496c8587e59e47b0a8b1479a444098b40ddd598e85e9ab4ce146d8 > /dev/null
     SCRIPT
     s.args = "#{box_ip}"
   end
 
   # System-wide vhost-proxy service.
   # Containers must define a "VIRTUAL_HOST" environment variable to be recognized and routed by the vhost-proxy.
+  # Image: blinkreaction/nginx-proxy v1.1.0
   if $vconfig['vhost_proxy']
     config.vm.provision "shell", run: "always", privileged: false do |s|
       s.inline = <<-SCRIPT
         echo "Starting system-wide HTTP/HTTPS reverse proxy on $1... "
         docker rm -f vhost-proxy > /dev/null 2>&1 || true
         docker run -d --name vhost-proxy -p $1:80:80 -p $1:443:443 -v /var/run/docker.sock:/tmp/docker.sock \
-        blinkreaction/nginx-proxy@sha256:04d1790726a252d6d2f89c5702533e174c284fd34dcb5599d6881da34354f30e > /dev/null
+        blinkreaction/nginx-proxy@sha256:1707c0fd2fa4f0e98a656f748a4edb8a04578e9dc63115acc23a05225f151e04 > /dev/null
       SCRIPT
       s.args = "#{box_ip}"
     end
diff --git a/presetup-mac.sh b/scripts/presetup-mac.sh
similarity index 96%
rename from presetup-mac.sh
rename to scripts/presetup-mac.sh
index e9de2b7..065a056 100755
--- a/presetup-mac.sh
+++ b/scripts/presetup-mac.sh
@@ -1,7 +1,7 @@
 #!/bin/bash
 
-DOCKER_VERSION=1.8.1
-DOCKER_COMPOSE_VERSION=1.4.0
+DOCKER_VERSION=1.8.3
+DOCKER_COMPOSE_VERSION=1.4.2
 
 # Console colors
 red='\033[0;31m'
diff --git a/presetup-win.cmd b/scripts/presetup-win.cmd
similarity index 100%
rename from presetup-win.cmd
rename to scripts/presetup-win.cmd
diff --git a/presetup-win.sh b/scripts/presetup-win.sh
similarity index 82%
rename from presetup-win.sh
rename to scripts/presetup-win.sh
index 7995ba5..72f911c 100644
--- a/presetup-win.sh
+++ b/scripts/presetup-win.sh
@@ -1,7 +1,7 @@
 #!/bin/bash
 
-DOCKER_VERSION=1.8.1
-DOCKER_COMPOSE_VERSION=1.4.0
+DOCKER_VERSION=1.8.3
+DOCKER_COMPOSE_VERSION=1.4.2
 
 # For testing
 if [ ! $B2D_BRANCH == "" ]; then
@@ -11,8 +11,8 @@ else
 fi
 
 # Install prerequisites via choco (virtualbox and vagrant)
-curl -L https://raw.githubusercontent.com/blinkreaction/boot2docker-vagrant/${B2D_BRANCH}/presetup-win.cmd -o $WINDIR/Temp/presetup-win.cmd
-curl -L https://raw.githubusercontent.com/blinkreaction/boot2docker-vagrant/${B2D_BRANCH}/presetup-win.vbs -o $WINDIR/Temp/presetup-win.vbs
+curl -L https://raw.githubusercontent.com/blinkreaction/boot2docker-vagrant/${B2D_BRANCH}/scripts/presetup-win.cmd -o $WINDIR/Temp/presetup-win.cmd
+curl -L https://raw.githubusercontent.com/blinkreaction/boot2docker-vagrant/${B2D_BRANCH}/scripts/presetup-win.vbs -o $WINDIR/Temp/presetup-win.vbs
 echo "Setup needs administrator privileges to contiue..."
 cscript $WINDIR/Temp/presetup-win.vbs
 
diff --git a/presetup-win.vbs b/scripts/presetup-win.vbs
similarity index 100%
rename from presetup-win.vbs
rename to scripts/presetup-win.vbs
diff --git a/setup.sh b/scripts/setup.sh
similarity index 100%
rename from setup.sh
rename to scripts/setup.sh
diff --git a/vagrant.yml b/vagrant.yml
index 70d5b29..009fa3a 100644
--- a/vagrant.yml
+++ b/vagrant.yml
@@ -1,12 +1,13 @@
 # Sync folders configuration
 synced_folders:
   # nfs: better performance on Mac, recommended.
+  # nfs2: optimized NFS settings, experimental.
   # smb: better performance on Windows. Requires Vagrant to be run with admin privileges.
   # smb2: experimental, does not require running vagrant as admin.
   # rsync: the best performance, cross-platform platform, one-way only. Run `vagrant rsync-auto` to start auto sync.
   #   When using rsync sync type the "folders" list below is mandatory.
   # vboxfs (or leave empty): best compatibility and ease of setup, but poor performance.
-  type: 'nfs'
+  type: 'nfs2'
   # smb_user, smb_password - The username and password used for authentication to mount the SMB mount.
   # This is usually your Windows username and password, unless you created a dedicated user for vagrant.
   # If using the 'smb2' type above the user and share will be configured automatically.