diff --git a/common/Makefile b/common/Makefile
index f61c9a1..1187960 100644
--- a/common/Makefile
+++ b/common/Makefile
@@ -32,7 +32,7 @@ COBJS-y += command.o
 COBJS-y += exports.o
 COBJS-$(CONFIG_SYS_HUSH_PARSER) += hush.o
 COBJS-y += s_record.o
-COBJS-$(CONFIG_SERIAL_MULTI) += serial.o
+COBJS-y += serial.o
 COBJS-y += xyzModem.o
 
 # core command
diff --git a/common/cmd_nvedit.c b/common/cmd_nvedit.c
index ac15a3c..652e8ce 100644
--- a/common/cmd_nvedit.c
+++ b/common/cmd_nvedit.c
@@ -47,7 +47,6 @@
 #include <errno.h>
 #include <malloc.h>
 #include <watchdog.h>
-#include <serial.h>
 #include <linux/stddef.h>
 #include <asm/byteorder.h>
 
@@ -77,12 +76,6 @@ SPI_FLASH|NVRAM|MMC|FAT|REMOTE} or CONFIG_ENV_IS_NOWHERE
 #define	MAX_ENV_SIZE	(1 << 20)	/* 1 MiB */
 
 /*
- * Table with supported baudrates (defined in config_xyz.h)
- */
-static const unsigned long baudrate_table[] = CONFIG_SYS_BAUDRATE_TABLE;
-#define	N_BAUDRATES (sizeof(baudrate_table) / sizeof(baudrate_table[0]))
-
-/*
  * This variable is incremented on each do_env_set(), so it can
  * be used via get_env_id() as an indication, if the environment
  * has changed or not. So it is possible to reread an environment
@@ -263,34 +256,6 @@ int _do_env_set(int flag, int argc, char * const argv[])
 			return 1;
 		}
 #endif
-		/*
-		 * Switch to new baudrate if new baudrate is supported
-		 */
-		if (strcmp(name, "baudrate") == 0) {
-			int baudrate = simple_strtoul(argv[2], NULL, 10);
-			int i;
-			for (i = 0; i < N_BAUDRATES; ++i) {
-				if (baudrate == baudrate_table[i])
-					break;
-			}
-			if (i == N_BAUDRATES) {
-				printf("## Baudrate %d bps not supported\n",
-					baudrate);
-				return 1;
-			}
-			printf("## Switch baudrate to %d bps and"
-			       "press ENTER ...\n", baudrate);
-			udelay(50000);
-			gd->baudrate = baudrate;
-#if defined(CONFIG_PPC) || defined(CONFIG_MCF52x2)
-			gd->bd->bi_baudrate = baudrate;
-#endif
-
-			serial_setbrg();
-			udelay(50000);
-			while (getc() != '\r')
-				;
-		}
 	}
 
 	/* Delete only ? */
diff --git a/common/serial.c b/common/serial.c
index 75cc1bb..4ff1463 100644
--- a/common/serial.c
+++ b/common/serial.c
@@ -22,6 +22,7 @@
  */
 
 #include <common.h>
+#include <environment.h>
 #include <serial.h>
 #include <stdio_dev.h>
 #include <post.h>
@@ -29,6 +30,62 @@
 
 DECLARE_GLOBAL_DATA_PTR;
 
+/*
+ * Table with supported baudrates (defined in config_xyz.h)
+ */
+static const unsigned long baudrate_table[] = CONFIG_SYS_BAUDRATE_TABLE;
+#define	N_BAUDRATES (sizeof(baudrate_table) / sizeof(baudrate_table[0]))
+
+static int on_baudrate(const char *name, const char *value, enum env_op op)
+{
+	int i;
+	int baudrate;
+
+	switch (op) {
+	case env_op_create:
+	case env_op_overwrite:
+		/*
+		 * Switch to new baudrate if new baudrate is supported
+		 */
+		baudrate = simple_strtoul(value, NULL, 10);
+
+		/* Not actually changing */
+		if (gd->baudrate == baudrate)
+			return 0;
+
+		for (i = 0; i < N_BAUDRATES; ++i) {
+			if (baudrate == baudrate_table[i])
+				break;
+		}
+		if (i == N_BAUDRATES) {
+			printf("## Baudrate %d bps not supported\n",
+				baudrate);
+			return 1;
+		}
+		printf("## Switch baudrate to %d"
+		       " bps and press ENTER ...\n", baudrate);
+		udelay(50000);
+		gd->baudrate = baudrate;
+#if defined(CONFIG_PPC) || defined(CONFIG_MCF52x2)
+		gd->bd->bi_baudrate = baudrate;
+#endif
+
+		serial_setbrg();
+		udelay(50000);
+		while (getc() != '\r')
+			;
+
+		return 0;
+	case env_op_delete:
+		printf("## Baudrate may not be deleted\n");
+		return 1;
+	default:
+		return 0;
+	}
+}
+U_BOOT_ENV_CALLBACK(baudrate, on_baudrate);
+
+#ifdef CONFIG_SERIAL_MULTI
 static struct serial_device *serial_devices;
 static struct serial_device *serial_current;
 
@@ -303,3 +360,4 @@ int uart_post_test(int flags)
 	return ret;
 }
 #endif
+#endif /* CONFIG_SERIAL_MULTI */
diff --git a/include/env_callback.h b/include/env_callback.h
index 42c3d91..3f39996 100644
--- a/include/env_callback.h
+++ b/include/env_callback.h
@@ -31,7 +31,7 @@
 #endif
 
 #define ENV_CALLBACK_LIST_STATIC ENV_CALLBACK_VAR ":callbacks," \
-	"loadaddr:loadaddr,bootfile:bootfile," \
+	"loadaddr:loadaddr,bootfile:bootfile,baudrate:baudrate," \
 	CONFIG_ENV_CALLBACK_LIST_STATIC
 
 enum env_op {
