diff --git a/lib/coffee-script.js b/lib/coffee-script.js
index 04620e1862..eb6b2ae78d 100755
--- a/lib/coffee-script.js
+++ b/lib/coffee-script.js
@@ -1,8 +1,10 @@
 (function() {
-  var Lexer, RESERVED, compile, fs, lexer, parser, path, vm, _ref;
+  var Lexer, Module, RESERVED, Script, compile, fs, lexer, parser, path, _ref;
+  var __hasProp = Object.prototype.hasOwnProperty;
   fs = require('fs');
   path = require('path');
-  vm = require('vm');
+  Script = require('vm').Script;
+  Module = require('module');
   _ref = require('./lexer'), Lexer = _ref.Lexer, RESERVED = _ref.RESERVED;
   parser = require('./parser').parser;
   if (require.extensions) {
@@ -45,7 +47,7 @@
     }
   };
   exports.run = function(code, options) {
-    var Module, mainModule;
+    var mainModule;
     mainModule = require.main;
     mainModule.filename = process.argv[1] = options.filename ? fs.realpathSync(options.filename) : '.';
     mainModule.moduleCache && (mainModule.moduleCache = {});
@@ -60,39 +62,59 @@
     }
   };
   exports.eval = function(code, options) {
-    var g, js, k, o, sandbox, v, _i, _len, _ref2;
+    var js, k, o, r, sandbox, v, _, _i, _len, _module, _ref2, _ref3, _require;
     if (options == null) {
       options = {};
     }
     if (!(code = code.trim())) {
       return;
     }
-    sandbox = options.sandbox;
-    if (!sandbox) {
-      sandbox = {
-        require: require,
-        module: {
-          exports: {}
+    sandbox = Script.createContext();
+    sandbox.global = sandbox.root = sandbox.GLOBAL = sandbox;
+    if (options.sandbox != null) {
+      if (options.sandbox instanceof sandbox.constructor) {
+        sandbox = options.sandbox;
+      } else {
+        _ref2 = options.sandbox;
+        for (k in _ref2) {
+          if (!__hasProp.call(_ref2, k)) continue;
+          v = _ref2[k];
+          sandbox[k] = v;
         }
-      };
-      _ref2 = Object.getOwnPropertyNames(global);
-      for (_i = 0, _len = _ref2.length; _i < _len; _i++) {
-        g = _ref2[_i];
-        sandbox[g] = global[g];
       }
-      sandbox.global = sandbox;
-      sandbox.global.global = sandbox.global.root = sandbox.global.GLOBAL = sandbox;
     }
     sandbox.__filename = options.filename || 'eval';
     sandbox.__dirname = path.dirname(sandbox.__filename);
+    if (!(sandbox.module || sandbox.require)) {
+      Module = require('module');
+      sandbox.module = _module = new Module(options.modulename || 'eval');
+      sandbox.require = _require = function(path) {
+        return Module._load(path, _module);
+      };
+      _module.filename = sandbox.__filename;
+      _ref3 = Object.getOwnPropertyNames(require);
+      for (_i = 0, _len = _ref3.length; _i < _len; _i++) {
+        r = _ref3[_i];
+        _require[r] = require[r];
+      }
+      _require.paths = _module.paths = Module._nodeModulePaths(process.cwd());
+      _require.resolve = function(request) {
+        return Module._resolveFilename(request, _module);
+      };
+    }
     o = {};
     for (k in options) {
+      if (!__hasProp.call(options, k)) continue;
       v = options[k];
       o[k] = v;
     }
     o.bare = true;
-    js = compile("_=(" + code + "\n)", o);
-    return vm.runInNewContext(js, sandbox, sandbox.__filename);
+    js = compile("(" + code + "\n)", o);
+    _ = Script.runInContext(js, sandbox);
+    if (_ != null) {
+      sandbox._ = _;
+    }
+    return _;
   };
   lexer = new Lexer;
   parser.lexer = {
diff --git a/lib/repl.js b/lib/repl.js
index 5f468bc641..f77314be5e 100644
--- a/lib/repl.js
+++ b/lib/repl.js
@@ -1,10 +1,11 @@
 (function() {
-  var ACCESSOR, CoffeeScript, SIMPLEVAR, Script, autocomplete, backlog, completeAttribute, completeVariable, enableColours, error, getCompletions, getPropertyNames, inspect, readline, repl, run, stdin, stdout;
+  var ACCESSOR, CoffeeScript, Module, SIMPLEVAR, Script, autocomplete, backlog, completeAttribute, completeVariable, enableColours, error, getCompletions, getPropertyNames, inspect, readline, repl, run, stdin, stdout;
   var __hasProp = Object.prototype.hasOwnProperty;
   CoffeeScript = require('./coffee-script');
   readline = require('readline');
   inspect = require('util').inspect;
   Script = require('vm').Script;
+  Module = require('module');
   enableColours = false;
   if (process.platform !== 'win32') {
     enableColours = !process.env.NODE_DISABLE_COLORS;
@@ -16,20 +17,9 @@
   };
   backlog = '';
   run = (function() {
-    var g, sandbox, _i, _len, _ref;
-    sandbox = {
-      require: require,
-      module: {
-        exports: {}
-      }
-    };
-    _ref = Object.getOwnPropertyNames(global);
-    for (_i = 0, _len = _ref.length; _i < _len; _i++) {
-      g = _ref[_i];
-      sandbox[g] = global[g];
-    }
-    sandbox.global = sandbox;
-    sandbox.global.global = sandbox.global.root = sandbox.global.GLOBAL = sandbox;
+    var sandbox;
+    sandbox = Script.createContext();
+    sandbox.global = sandbox.root = sandbox.GLOBAL = sandbox;
     return function(buffer) {
       var code, val;
       code = backlog += '\n' + buffer.toString();
@@ -40,8 +30,8 @@
       try {
         val = CoffeeScript.eval(code, {
           sandbox: sandbox,
-          bare: true,
-          filename: 'repl'
+          filename: 'repl',
+          modulename: 'repl'
         });
         if (val !== void 0) {
           process.stdout.write(inspect(val, false, 2, enableColours) + '\n');
diff --git a/src/coffee-script.coffee b/src/coffee-script.coffee
index 9c6c2e6d9a..9fb30d50b6 100755
--- a/src/coffee-script.coffee
+++ b/src/coffee-script.coffee
@@ -8,7 +8,8 @@
 
 fs               = require 'fs'
 path             = require 'path'
-vm               = require 'vm'
+{Script}         = require 'vm'
+Module           = require 'module'
 {Lexer,RESERVED} = require './lexer'
 {parser}         = require './parser'
 
@@ -78,20 +79,32 @@ exports.run = (code, options) ->
 # The CoffeeScript REPL uses this to run the input.
 exports.eval = (code, options = {}) ->
   return unless code = code.trim()
-  sandbox = options.sandbox
-  unless sandbox
-    sandbox =
-      require: require
-      module : { exports: {} }
-    sandbox[g] = global[g] for g in Object.getOwnPropertyNames global
-    sandbox.global = sandbox
-    sandbox.global.global = sandbox.global.root = sandbox.global.GLOBAL = sandbox
+  sandbox = Script.createContext()
+  sandbox.global = sandbox.root = sandbox.GLOBAL = sandbox
+  if options.sandbox?
+    if options.sandbox instanceof sandbox.constructor
+      sandbox = options.sandbox
+    else
+      sandbox[k] = v for own k, v of options.sandbox
   sandbox.__filename = options.filename || 'eval'
   sandbox.__dirname  = path.dirname sandbox.__filename
-  o = {}; o[k] = v for k, v of options
+  # define module/require only if they chose not to specify their own
+  unless sandbox.module or sandbox.require
+    Module = require 'module'
+    sandbox.module  = _module  = new Module(options.modulename || 'eval')
+    sandbox.require = _require = (path) -> Module._load path, _module
+    _module.filename = sandbox.__filename
+    _require[r] = require[r] for r in Object.getOwnPropertyNames require
+    # use the same hack node currently uses for their own REPL
+    _require.paths = _module.paths = Module._nodeModulePaths process.cwd()
+    _require.resolve = (request) -> Module._resolveFilename request, _module
+  o = {}
+  o[k] = v for own k, v of options
   o.bare = on # ensure return value
-  js = compile "_=(#{code}\n)", o
-  vm.runInNewContext js, sandbox, sandbox.__filename
+  js = compile "(#{code}\n)", o
+  _ = Script.runInContext js, sandbox
+  sandbox._ = _ if _?
+  _
 
 # Instantiate a Lexer for our use here.
 lexer = new Lexer
diff --git a/src/repl.coffee b/src/repl.coffee
index 1e42e0378d..7e0bf3d398 100644
--- a/src/repl.coffee
+++ b/src/repl.coffee
@@ -9,6 +9,7 @@ CoffeeScript = require './coffee-script'
 readline     = require 'readline'
 {inspect}    = require 'util'
 {Script}     = require 'vm'
+Module       = require 'module'
 
 # REPL Setup
 
@@ -32,12 +33,8 @@ backlog = ''
 # Attempt to evaluate the command. If there's an exception, print it out instead
 # of exiting.
 run = do ->
-  sandbox =
-    require: require
-    module : { exports: {} }
-  sandbox[g] = global[g] for g in Object.getOwnPropertyNames global
-  sandbox.global = sandbox
-  sandbox.global.global = sandbox.global.root = sandbox.global.GLOBAL = sandbox
+  sandbox = Script.createContext()
+  sandbox.global = sandbox.root = sandbox.GLOBAL = sandbox
   (buffer) ->
     code = backlog += '\n' + buffer.toString()
     if code[code.length - 1] is '\\'
@@ -46,8 +43,8 @@ run = do ->
     try
       val = CoffeeScript.eval code, {
         sandbox,
-        bare: on,
         filename: 'repl'
+        modulename: 'repl'
       }
       unless val is undefined
         process.stdout.write inspect(val, no, 2, enableColours) + '\n'