diff --git a/README.txt b/README.md
similarity index 67%
rename from README.txt
rename to README.md
index 1e49787..1632e60 100644
--- a/README.txt
+++ b/README.md
@@ -1,15 +1,13 @@
 About
 -----
 
-Flot is a Javascript plotting library for jQuery. Read more at the
-website:
-
-  http://code.google.com/p/flot/
+Flot is a Javascript plotting library for jQuery.  
+Read more at the website: <http://code.google.com/p/flot/>
 
 Take a look at the examples linked from above, they should give a good
 impression of what Flot can do and the source code of the examples is
 probably the fastest way to learn how to use Flot.
-  
+
 
 Installation
 ------------
@@ -19,21 +17,22 @@ Just include the Javascript file after you've included jQuery.
 Generally, all browsers that support the HTML5 canvas tag are
 supported.
 
-For support for Internet Explorer < 9, you can use Excanvas, a canvas
-emulator; this is used in the examples bundled with Flot. You just
-include the excanvas script like this:
+For support for Internet Explorer < 9, you can use [Excanvas]
+[excanvas], a canvas emulator; this is used in the examples bundled
+with Flot. You just include the excanvas script like this:
 
-  <!--[if lte IE 8]><script language="javascript" type="text/javascript" src="excanvas.min.js"></script><![endif]-->
+```html
+<!--[if lte IE 8]><script language="javascript" type="text/javascript" src="excanvas.min.js"></script><![endif]-->
+```
 
 If it's not working on your development IE 6.0, check that it has
 support for VML which Excanvas is relying on. It appears that some
 stripped down versions used for test environments on virtual machines
 lack the VML support.
 
-You can also try using Flashcanvas (see
-http://code.google.com/p/flashcanvas/), which uses Flash to do the
-emulation. Although Flash can be a bit slower to load than VML, if
-you've got a lot of points, the Flash version can be much faster
+You can also try using [Flashcanvas] [flashcanvas], which uses Flash to
+do the emulation. Although Flash can be a bit slower to load than VML,
+if you've got a lot of points, the Flash version can be much faster
 overall. Flot contains some wrapper code for activating Excanvas which
 Flashcanvas is compatible with.
 
@@ -46,13 +45,17 @@ Basic usage
 
 Create a placeholder div to put the graph in:
 
-   <div id="placeholder"></div>
+```html
+<div id="placeholder"></div>
+```
 
 You need to set the width and height of this div, otherwise the plot
 library doesn't know how to scale the graph. You can do it inline like
 this:
 
-   <div id="placeholder" style="width:600px;height:300px"></div>
+```html
+<div id="placeholder" style="width:600px;height:300px"></div>
+```
 
 You can also do it with an external stylesheet. Make sure that the
 placeholder isn't within something with a display:none CSS property -
@@ -63,15 +66,19 @@ placeholder dimensions which is fatal (it'll throw an exception).
 Then when the div is ready in the DOM, which is usually on document
 ready, run the plot function:
 
-  $.plot($("#placeholder"), data, options);
+```js
+$.plot($("#placeholder"), data, options);
+```
 
 Here, data is an array of data series and options is an object with
 settings if you want to customize the plot. Take a look at the
 examples for some ideas of what to put in or look at the reference
-in the file "API.txt". Here's a quick example that'll draw a line from
+in the file `API.txt`. Here's a quick example that'll draw a line from
 (0, 0) to (1, 1):
 
-  $.plot($("#placeholder"), [ [[0, 0], [1, 1]] ], { yaxis: { max: 1 } });
+```js
+$.plot($("#placeholder"), [ [[0, 0], [1, 1]] ], { yaxis: { max: 1 } });
+```
 
 The plot function immediately draws the chart and then returns a plot
 object with a couple of methods.
@@ -88,3 +95,6 @@ And if you look up "flot" in a Danish-to-English dictionary, some up
 the words that come up are "good-looking", "attractive", "stylish",
 "smart", "impressive", "extravagant". One of the main goals with Flot
 is pretty looks.
+
+[excanvas]: http://code.google.com/p/explorercanvas/
+[flashcanvas]: http://code.google.com/p/flashcanvas/