diff --git a/README.md b/README.md
index ccd94b2dc..471cc8550 100644
--- a/README.md
+++ b/README.md
@@ -191,9 +191,9 @@ which means you can modify it, redistribute it or use it however you like.
                                      preference using slashes: "-f 22/17/18".
                                      "-f mp4" and "-f flv" are also supported.
                                      You can also use the special names "best",
-                                     "bestaudio", "worst", and "worstaudio". By
-                                     default, youtube-dl will pick the best
-                                     quality.
+                                     "bestvideo", "bestaudio", "worst",
+                                     "worstvideo" and "worstaudio". By default,
+                                     youtube-dl will pick the best quality.
     --all-formats                    download all available video formats
     --prefer-free-formats            prefer free video formats unless a specific
                                      one is requested
diff --git a/youtube_dl/version.py b/youtube_dl/version.py
index c038225f7..525169e2a 100644
--- a/youtube_dl/version.py
+++ b/youtube_dl/version.py
@@ -1,2 +1,2 @@
 
-__version__ = '2014.03.12'
+__version__ = '2014.03.17'