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README.md

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+# gemcutter
+
+This is now the `gemcutter` gem only, that provides `gem yank` and `gem webhook`. The Rails app has moved to rubygems/rubygems.org, so please update your links/remotes!
+
+## Setup/testing
+
+Run:
+
+```
+bundle
+bundle exec rake
+```
+
+And your tests should run!
+
+## Contributions
+
+Gemcutter has a 'commit-bit' policy, much like the Rubinius project. Submit a patch that is accepted, and you can get full commit access to the project. All you have to do is ask us on #gemcutter on Freenode or bug qrush in a message and he'll add you as a collaborator on the main repository. Feel free to fork the project though and have fun in your own sandbox.
+
+Please read up on the [GitHub Wiki](http://wiki.github.com/rubygems/gemcutter/contribution-guidelines) for the latest contribution guidelines.
+
+## License
+
+Gemcutter uses the MIT license. Please check the LICENSE file for more details.