docs: update README.md on current status and setup instructions for the project

[kruskall]

Fix bug report URL and update setup instructions.

Closes #241

[ghost]

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• Start Time: 2022-08-23T15:27:13.471+0000

• Duration: 8 min 52 sec

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Test	Results
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Passed	160
Skipped	2
Total	162

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