Add some text to readme and the MIT license.

README.md

@@ -1,4 +1,29 @@
-inbucket
+Inbucket
 ========
 
-Simple SMTP server with web interface
+Inbucket is an email testing service; it will accept messages for any email
+address and make them available to view via a web interface.
+
+It allows web developers, software engineers and system administrators to
+quickly see the emailed output of ther applications.  No per-account setup is
+required! Mailboxes are created on the fly as mail is received for them, and
+no password is required to browse the cotent of the mailboxes.
+
+Inbucket has a built-in SMTP server and stores incoming mail as flat files on
+disk - no external SMTP or database daemons required.
+
+Status
+------
+Inbucket is currently in development.  It mostly works, but is not well
+tested or documented.
+
+About
+-----
+Inbucket is written in [Google Go][1], and utilizes the [Revel framework][2]
+for its web interface.
+
+Inbucket is open source software released under the MIT License.  The latest
+version can be found at [github](https://github.com/jhillyerd/inbucket).
+
+[1]: http://golang.org/
+[2]: http://robfig.github.com/revel/