diff --git a/README b/README
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index 395136fb3..000000000
--- a/README
+++ /dev/null
@@ -1,55 +0,0 @@
-ABOUT
-
-  Transmission is a fast, easy, and free BitTorrent client.
-  It comes in several flavors:
-
-    * A native Mac OS X GUI application
-    * GTK+ and Qt GUI applications for Linux, BSD, etc.
-    * A headless daemon for servers and routers
-    * A web UI for remote controlling any of the above
-
-  Visit http://www.transmissionbt.com/ for more information.
-
-BUILDING
-
-  Transmission has an Xcode project file (Transmission.xcodeproj)
-  for building in Xcode.
-
-  For a more detailed description, and dependancies, visit:
-  http://trac.transmissionbt.com/wiki/
-
-  Building a Transmission release from the command line:
-
-    $ xz -d -c transmission-2.11.tar.xz | tar xf -
-    $ cd transmission-2.11
-    $ ./configure
-    $ make
-    $ sudo make install
-
-  Building Transmission from the nightly builds:
-
-    Download a tarball from http://build.transmissionbt.com/job/trunk-linux-inc/
-    and follow the steps from the previous section.
-
-    If you're new to building programs from source code, this is typically 
-    easier than building from SVN.
-
-  Building Transmission from SVN (First Time):
-
-    $ svn co svn://svn.transmissionbt.com/Transmission/trunk Transmission
-    $ cd Transmission
-    $ ./autogen.sh
-    $ make
-    $ sudo make install
-
-  Building Transmission from SVN (Updating):
-
-    $ cd Transmission
-    $ make clean
-    $ svn up
-    $ ./update-version-h.sh 
-    $ make
-    $ sudo make install
-
-  Notes for building on Solaris' C compiler:  User av reports success with
-  this invocation: ./configure CC=c99 CXX=CC CFLAGS='-D__EXTENSIONS__ -mt'
diff --git a/README.md b/README.md
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+++ b/README.md
@@ -0,0 +1,50 @@
+## About
+
+Transmission is a fast, easy, and free BitTorrent client. It comes in several flavors:
+  * A native Mac OS X GUI application
+  * GTK+ and Qt GUI applications for Linux, BSD, etc.
+  * A headless daemon for servers and routers
+  * A web UI for remote controlling any of the above
+
+Visit http://www.transmissionbt.com/ for more information.
+
+## Building
+
+Transmission has an Xcode project file (Transmission.xcodeproj) for building in Xcode.
+
+For a more detailed description, and dependencies, visit: http://trac.transmissionbt.com/wiki/
+
+### Building a Transmission release from the command line
+
+    $ xz -d -c transmission-2.11.tar.xz | tar xf -
+    $ cd transmission-2.11
+    $ ./configure
+    $ make
+    $ sudo make install
+
+### Building Transmission from the nightly builds
+
+Download a tarball from http://build.transmissionbt.com/job/trunk-linux-inc/ and follow the steps from the previous section.
+
+If you're new to building programs from source code, this is typically easier than building from SVN.
+
+### Building Transmission from SVN (first time)
+
+    $ svn co svn://svn.transmissionbt.com/Transmission/trunk Transmission
+    $ cd Transmission
+    $ ./autogen.sh
+    $ make
+    $ sudo make install
+
+### Building Transmission from SVN (updating)
+
+    $ cd Transmission
+    $ make clean
+    $ svn up
+    $ ./update-version-h.sh
+    $ make
+    $ sudo make install
+
+Notes for building on Solaris' C compiler: User av reports success with this invocation:
+
+    ./configure CC=c99 CXX=CC CFLAGS='-D__EXTENSIONS__ -mt'