Updated readme and moved changelog to separate file.

README.md

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+# Laps — light WordPress profiler
+
+Laps is light WordPress profiler (in a plugin), which aims to be:
+
+ - always on and zero click (just hover on toolbar entry) away
+ - quick indicator of what hogs page in general or right now
+
+It is no match or replacement for *real* profiler, but is friendly and cute.
+
+Out of the box Laps supports common stage of WordPress page life cycle:
+
+ - plugins load
+ - themes load
+ - core init
+ - main loop
+
+And some of third party hooks conventions for themes using:
+
+ - Theme Hook Alliance
+ - Hybrid
+ - Genesis
+ - Thematic
+
+There are also additional optional timelines, displaying:
+
+ - SQL queries (with `SAVEQUERIES` constant enabled)
+ - HTTP requests performed
+
+## Screenshot
+
+![Laps screenshot](http://i.imgur.com/zFokmkU.png)
+
+## Installation
+
+Laps is a Composer package and can be installed in plugin directory via:
+
+    composer create-project rarst/laps --no-dev
+
+## License Info
+
+Laps own code is licensed under MIT and it makes use of code from:
+
+ - Composer (MIT)
+ - Symfony Stopwatch (MIT)
+ - Mustache.php (MIT)
+ - Twitter Bootstrap (MIT)