Visual SourceSafe - Disable "Get Latest On Checkout"

I looked for an option to switch off "Get Latest On Checkout" in Visual SourceSafe 2005 and integrated VS2008 menus, but couldn't find one. Is it possible?

Open the Visual Source Safe Administration Console, then click on Tools->Options. On the general tab there is the setting Only allow checkouts of the latest version. Uncheck it.

Now open the Visual SourceSafe Explorer, click on Tools->Options and uncheck Always check out the working folder version of files.

Now you should be done.