make install does not honour DESTDIR

[matt@…]

When installing with a command such as

$ make install DESTDIR=/tmp/matt

Installation bombs out half way through with the following error

make[2]: Entering directory `/scratch/network/libtrace/libpacketdump'
for plugin in link_0.so link_10.so link_11.so link_2.so link_4.so link_9.so eth_2048.so eth_2054.so ip_1.so ip_132.so ip_17.so ip_33.so ip_6.so; do install -D -m 755 $plugin /usr/local/lib/libpacketdump/$plugin; done
install: cannot create directory `/usr/local/lib/libpacketdump': Permission denied
install: cannot create directory `/usr/local/lib/libpacketdump': Permission denied

[anonymous]

Fixed in version 721