diff --git a/VERSION b/VERSION
index daf05c16..7fd3f52c 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-Version 2.00.1 (2012-08-29 15:42:48) rc4
+Version 2.00.1 (2012-08-29 16:05:38) rc4
diff --git a/gluon/dal.py b/gluon/dal.py
index 912fc2ad..22eed09b 100644
--- a/gluon/dal.py
+++ b/gluon/dal.py
@@ -7673,21 +7673,25 @@ class Table(object):
                     to_compute.append((name,ofield))
                 # if field is required, check its default value
                 elif not update and not ofield.default is None:
-                    new_fields[name] = (ofield,ofield.default)
+                    value = ofield.default
+                    fields[name] = value
+                    new_fields[name] = (ofield,value)
                 # if this is an update, user the update field instead
                 elif update and not ofield.update is None:
-                    new_fields[name] = (ofield,ofield.update)
+                    value = ofield.update
+                    fields[name] = value
+                    new_fields[name] = (ofield,value)
                 # if the field is still not there but it should, error
                 elif not update and ofield.required:
                     raise RuntimeError, \
                         'Table: missing required field: %s' % name
         # now deal with fields that are supposed to be computed
         if to_compute:
-            dummyrow = Row(new_fields)
+            row = Row(fields)
             for name,ofield in to_compute:
                 # try compute it
                 try:
-                    new_fields[name] = (ofield,ofield.compute(dummyrow))
+                    new_fields[name] = (ofield,ofield.compute(row))
                 except (KeyError, AttributeError):
                     # error sinlently unless field is required!
                     if ofield.required:
diff --git a/gluon/tests/test_dal.py b/gluon/tests/test_dal.py
index 79e35c26..b60fbe16 100644
--- a/gluon/tests/test_dal.py
+++ b/gluon/tests/test_dal.py
@@ -515,6 +515,20 @@ class TestVirtualFields(unittest.TestCase):
         db.t.drop()
         db.commit()
 
+class TestComputedFields(unittest.TestCase):
+
+    def testRun(self):
+        db = DAL('sqlite:memory:')
+        db.define_table('t', 
+                        Field('a'),
+                        Field('b',default='x'),
+                        Field('c',compute=lambda r: r.a+r.b))
+        db.commit()
+        id = db.t.insert(a="z")
+        self.assertEqual(db.t[id].c,'zx')
+        db.t.drop()
+        db.commit()
+
 class TestImportExportFields(unittest.TestCase):
 
     def testRun(self):