diff --git a/README.md b/README.md
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+++ b/README.md
@@ -1,4 +1,6 @@
 ceilometer
 ==========
 
-See blueprint at http://wiki.openstack.org/EfficientMetering
+See the ReleaseNotes document and the project home for more info.
+
+  http://launchpad.net/ceilometer
diff --git a/ReleaseNotes b/ReleaseNotes
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+Ceilometer v0.1 (Folsom) Release Notes
+======================================
+
+This is the first release of ceilometer.  Please take all appropriate caution
+in using it, as it is a technology preview at this time.
+
+It is curently tested to work with OpenStack 2012.2 Folsom. Due to its use of
+openstack-common, and the modification that were made in term of notification 
+to many other components (glance, cinder, quantum), it will not easily work 
+with any prior version of OpenStack.
+
+Currently covered components are: Nova, Nova-network, Glance, Cinder and 
+Quantum.  Notably, there is no support yet for Swift and it was decided not
+to support nova-volume in favor of Cinder. A detailed list of meters covered
+per component can be found at:
+  xxxx
+
+The only tested and complete database backend is currently MongoDB, the 
+SQLAlchemy one is still work in progress.
+
+The current best source of information on how to deploy this project is found
+as the devstack implementation but feel free to come to #openstack-metering on
+freenode for more info.
+
+Please note that metering can generate lots of data very quickly. Have a look
+at the following spreadsheet to evaluate what you will end up with.
+  http://wiki.openstack.org/EfficientMetering#Volume_of_data
+
+Some documentation for the project can be found at:
+  http://ceilometer.readthedocs.org
+
+The project home is at:
+  http://launchpad.net/ceilometer
+