Comment 3 for bug 631667

To elaborate, the added flag above seems to be contradicting the solution, but it's just a badly chosen name:

" --without-readline Use system readline instead of bundled copy."

Proof here:

Welcome to the MySQL monitor. Commands end with ; or \g.
Your MySQL connection id is 43
Server version: 5.1.54-rel12.5 (Percona Server (GPL), 12.5 )

Copyright (c) 2000, 2010, Oracle and/or its affiliates. All rights reserved.
This software comes with ABSOLUTELY NO WARRANTY. This is free software,
and you are welcome to modify and redistribute it under the GPL v2 license

Type 'help;' or '\h' for help. Type '\c' to clear the current input statement.

mysql> select version();
+----------------+
| version() |
+----------------+
| 5.1.54-rel12.5 |
+----------------+
1 row in set (0.00 sec)

(reverse-i-search)`se': select version();

Delete key also works fine, but that's heard to show in a copy-paste :)