diff --git a/gdal/nmake.opt b/gdal/nmake.opt
index 8253ae2..9456b79 100644
--- a/gdal/nmake.opt
+++ b/gdal/nmake.opt
@@ -148,16 +148,26 @@ GDAL_PDB = $(GDAL_ROOT)\gdal$(VERSION)$(POSTFIX).pdb
 !ENDIF
 
 !IFDEF WITH_PDB
-CXX_PDB_FLAGS=/Zi /Fd$(GDAL_PDB)
+CXX_PDB_FLAGS=/Z7 /Fd$(GDAL_PDB)
 !ELSE
 CXX_PDB_FLAGS=
 !ENDIF
 
+# Flags to choose CRT variant to link against (e.g. static: /MT, /MTd, dynamic: /MD, /MDd)
+# Ensure MRSID_CONFIG in mrsid/nmake.opt is set appropriately as well
+!IFNDEF CXX_CRT_FLAGS
+!IFNDEF DEBUG
+CXX_CRT_FLAGS=/MD
+!ELSE
+CXX_CRT_FLAGS=/MDd
+!ENDIF
+!ENDIF
+
 !IFNDEF OPTFLAGS
 !IF "$(DEBUG)" == "0"
-OPTFLAGS= $(CXX_ANALYZE_FLAGS) $(CXX_PDB_FLAGS) /nologo /MP$(CPU_COUNT) /MD /EHsc /Ox /FC /D_CRT_SECURE_NO_DEPRECATE /D_CRT_NONSTDC_NO_DEPRECATE /DNDEBUG
+OPTFLAGS= $(CXX_ANALYZE_FLAGS) $(CXX_PDB_FLAGS) /nologo /MP$(CPU_COUNT) $(CXX_CRT_FLAGS) /EHsc /Ox /D_CRT_SECURE_NO_DEPRECATE /D_CRT_NONSTDC_NO_DEPRECATE /DNDEBUG
 !ELSE
-OPTFLAGS= $(CXX_ANALYZE_FLAGS) $(CXX_PDB_FLAGS) /nologo /MP$(CPU_COUNT) /MDd /EHsc /FC /D_CRT_SECURE_NO_DEPRECATE /D_CRT_NONSTDC_NO_DEPRECATE /DDEBUG
+OPTFLAGS= $(CXX_ANALYZE_FLAGS) $(CXX_PDB_FLAGS) /nologo /MP$(CPU_COUNT) $(CXX_CRT_FLAGS) /EHsc /D_CRT_SECURE_NO_DEPRECATE /D_CRT_NONSTDC_NO_DEPRECATE /DDEBUG
 !ENDIF
 !ENDIF  # OPTFLAGS
 
@@ -175,7 +185,7 @@ OPTFLAGS= $(CXX_ANALYZE_FLAGS) $(CXX_PDB_FLAGS) /nologo /MP$(CPU_COUNT) /MDd /EH
 # 4351: new behavior: elements of array 'array' will be default initialized (needed for https://trac.osgeo.org/gdal/changeset/35593)
 # 4611: interaction between '_setjmp' and C++ object destruction is non-portable
 #
-WARNFLAGS =	/W4 /wd4127 /wd4251 /wd4275 /wd4786 /wd4100 /wd4245 /wd4206 /wd4351 /wd4611
+WARNFLAGS =	/W3 /wd4127 /wd4251 /wd4275 /wd4786 /wd4100 /wd4245 /wd4206 /wd4351 /wd4611
 
 !ENDIF