diff --git a/lib/README.md b/lib/README.md
index b04d9624..a3027626 100644
--- a/lib/README.md
+++ b/lib/README.md
@@ -1,5 +1,5 @@
 # lib directory
-This directory contains a compressed version of the SoundJS library, including the most recent tagged release and the
+This directory contains compressed versions of the SoundJS library, including the most recent tagged release and the
 in-progress NEXT release.
 
 Both combined and minified versions of the library are included. The former being useful for debugging, and the latter
@@ -9,16 +9,19 @@ You can also link to the libraries on the [CreateJS CDN](http://code.createjs.co
 and shared caching across sites.
 
 # libraries
-**soundjs-VERSION.min.js** contains minified versions of all of the SoundJS classes (comments and white space stripped)
-except for the Flash and Cordova audio plugins.
-**flashaudioplugin-VERSION.min.js** contains minified versions of the Flash audio plugin.
-**cordovaaudioplugin-VERSION.min.js** contains minified versions of the Cordova audio plugin.
-**soundjs-VERSION.combined.js** contains all the SoundJS classes (except Flash and Cordova plugin classes) including
-whitespace and comments.
-**flashaudioplugin-VERSION.combined.js** contains all the Flash audio plugin classes.
-**cordovaaudioplugin-VERSION.combined.js** contains all the Cordova audio plugin classes.
+* **soundjs.js** the most recent _tagged_ version of all the SoundJS classes.
+* **soundjs.min.js** the most recent tagged version, minified and stripped of comments and whitespace.
+* **soundjs-NEXT.js** contains the _latest_ SoundJS classes.
+* **soundjs-NEXT.min.js** is a minified version of the _latest updates_ to the library.
+
+## plugins
+SoundJS plugins are also minified for easy inclusion.
+* **flashplugin.js** a plugin to utilize Adobe Flash to playback audio.
+* **flashplugin.js** a minified version of the flash plugin, stripped of comments and whitespace.
+* **cordovaplugin.js** a plugin to utilize Cordova/PhoneGap APIs to playback audio.
+* **cordovaplugin.js** a minified version of the cordova plugin, stripped of comments and whitespace.
 
 
 # license
-The libraries are ©2010 gskinner.com, inc., and made available under the highly permissive MIT open source software
+The libraries are ©20107 gskinner.com, inc., and made available under the highly permissive MIT open source software
 license. See the source file header for the full license text.