as relative to top-level directory. This done is by abspath'ing it before
passing it to subdirectory Makefile's.
The old behavior had two cases: with and without BUILDDIR being set by
the user. With BUILDDIR not set, the build dir would be named "build"
in the top-level directory. If BUILDDIR was set, then the build dir
would be placed at "src/${BUILDDIR}".
The new behavior is simpler, if BUILDDIR is not set then it defaults
to "build", and the directory holding the final build is always at just
"${BUILDDIR}" in the top level.