diff --git a/README.md b/README.md
index b7ab419..7af2e88 100644
--- a/README.md
+++ b/README.md
@@ -13,11 +13,13 @@ Because it's fun. Don't you like to have fun? Ogre.
 What does it do?
 =====
 
-Right now, not much of anything at all. It boots from a 1.44mB floppy disk, and enters into a BASIC interpreter, just like your favorite home computers of the 70s/80s!
+Right now, not much. It boots from a 1.44mB floppy disk, and enters into a BASIC interpreter, just like your favorite home computers of the 70s/80s!
 
 ![Image of Piquant v0.1](media/screenshot.png)
 
-Currently the BASIC only understands simple arithmetic expressions. But this will soon change; I intend to implement at least as many features as uBASIC, maybe QuickBASIC eventually.
+Currently the BASIC only understands a few simple basic commands: `PRINT`, `LIST`, `GOTO` and `RUN`. The arithmetic parser was yanked out as part of a refactor that is still ongoing so it can't do math right now. The eventual target is for this to be fully MS BASIC-80 compliant.
+
+Beware, this is a work in progress and is probably in some state of brokenness. The last couple of git log entries should be relied upon to understand the current state.
 
 How can I run it?
 =====