README in markdown format.
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- Added sections and links
- Original greetings and author details kept intact.
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+### Quick start
+
+```python setup.py install```
+
+From your command line type the above command to get fontools installed on your system.
+
+### Installation
+
+See [install.txt](https://github.com/behdad/fonttools/blob/master/Doc/install.txt) in the 'Doc' subdirectory for instructions on how to build and install TTX/FontTools from the sources.
+
+
+### Documentation
+
+#### What is TTX ?
+
+See [documentation.html](https://github.com/behdad/fonttools/blob/master/Doc/documentation.html) in the "Doc" subdirectory for TTX usage instructions and information about the TTX file format.
+
+
+### License
+
+See "LICENSE.txt" for licensing information.
+
+
+
+Have fun!
+
+Just van Rossum <just@letterror.com>