diff --git a/README.md b/README.md
index fd3ea9de..f5ab95da 100644
--- a/README.md
+++ b/README.md
@@ -1,14 +1,35 @@
-apple2
-======
+Apple //ix
+==========
 
-WIP : a salvaged Apple ][+ //e emulator
+A salvaged Apple //e emulator, originally written in the mid-90's in C and x86 assembly and currently suffering from
+quite a bit of rot...
 
-Important TODO in no particular order:
-    * synching to the normal 1MHz speed
-    * Separate audio and render threads
-    * Build to different frontends: improve X11, SDL, OpenGL?, etc...
-    * A proper build system
-    * Convert x86/32 assembly routines to C
-    * Generate ARM assembly if needed
-    * Improved interfaces/menus
+Project Goals
+-------------
+
+* Approach 100% emulation fidelity with Apple //e machine
+* POSIX portability
+* A tech playground for me :-) ... This is actually an important point...  I'm doing this because it's fun and allows me
+  to play with a wide swath of fundamental tech : virtual CPU, virtual machines, assembly language programming, video
+  and audio programming to name a few...  So you might say that the process and practice is as important as the goals.
+
+Status Update
+-------------
+
+20131214 ...
+
+* It builds and works for me :-) as a 32bit binary on GNU/Linux with X11 and OpenAL
+* Ideally I'd like to maintain the CPU thread tightloop in assembly, and so will need to write new x86-64, ARM, (and
+  also a generic C target) in addition to maintaining existing x86 assembly routines
+* Before any significant platform/architecture porting is started, need to develop unit tests!!! :-)
+
+Semi-Ordered TODO
+-----------------
+
+* GNU/Linux x86 alpha-test binaries
+* Unit tests
+* POSIX x64 target (Linux, \*BSD, ...)
+* MacOS port
+* ARM tablets (iOS, Android, ...)
+* General refactoring for modularity, clarity, and portability as I go (and have tests to double-check stuff :-)