Updated readme

readme.txt

@@ -1,12 +1,30 @@
-LV2 port of kn0ck0ut by Jeremy Salwen.
+kn0ck0ut-LV2 version 1.0 by Jeremy Salwen. An LV2 port of kn0ck0ut (http://www.freewebs.com/st3pan0va/)
 
-I could only get my hands on version 0.5.  After that he stopped posting the
-source, and is not responding to emails.
+Kn0ck0ut-LV2 is an LV2 plugin to perform spectral subtraction.  It can be used 
+to achieve a wide variety of effects, most notably removing or extracting the
+center of a two channel audio file.  As Kn0ck0ut is only a plugin, you will
+need a host for LV2 plugins in order to use it, such as Ardour, Qtractor, Igen,
+lv2_jack_host, or lv2file.
 
-It requires lv2-c++-tools to build.
+It requires lv2-c++-tools, lv2core, and fftw3 to build.
 
 to build, run make.  To install, try make install.
 
+kn0ck0ut-LV2 is released under the terms of the GPL version 3. 
+(this is done so with the permission of st3pan0va).
+
+In addition to the features of the original Kn0ck0ut, Kn0ck0ut-LV2 features:
+
+* Improved performance through use of FFTW and more efficent buffering code
+* Completely variable FFT size and overlap amount controls.
+* Experimental "Phase Compensation" option, which will perhaps preserve
+  additional fidelity in certain cases.
+* Restored Low-cut filter which was removed in later releases.
+
+Below Reads the Original Readme
+
+====================================================================
+
 Kn0ck0ut v0.5
 
 --++/* by St3pan0va */++--