diff --git a/README.md b/README.md
index 2040048435f..03a4d71f4f8 100644
--- a/README.md
+++ b/README.md
@@ -1,21 +1,9 @@
 # logstash
 
-## Status March 17, 2011
+logstash is a tool for managing events and logs. You can use it to collect logs, parse them, and store them for later use (like, for searching). Speaking of searching, logstash comes with a web interface for searching and drilling into all of your logs.
 
-* Currently refactoring to use JRuby a bit better.
-* Writing tests
-* Logstash 1.0 release target later this month.
+It is fully free and fully open source. The license is New BSD, meaning you are pretty much free to use it however you want in whatever way.
 
-## Overview
+For more info, see <http://logstash.net/>
 
-The code for logstash lives on github, but everything else in the project lives
-on googlecode (wiki, issues, downloads)
-
-If you want to learn about logstash, check out the main project site here:
-
-http://code.google.com/p/logstash/
-
-File bugs here: http://code.google.com/p/logstash/issues/list
-
-Please do not file bugs on github, the issue tracker here on github is pretty
-weak compared to the much better issue tracker on googlecode.
+File bugs here: <http://logstash.jira.com>