diff --git a/hledger.hs b/hledger.hs
index d641c6d97..5cf545a3a 100644
--- a/hledger.hs
+++ b/hledger.hs
@@ -11,12 +11,10 @@ simple ledger-compatible register & balance reports from a standard
 ledger file, and demonstrates a (naive) purely functional
 implementation of ledger.
 
-Code overview: 
-
-The early code defined types in each module and was (too) strictly
-layered. Since then, all data types have been moved to "Types" at the
-bottom, but the original modules are still used to group related
-functions/methods. Here is the approximate module hierarchy:
+Code organization: the early code defined types in each module. This was
+too strictly layered, so now most types are defined in "Types" at the
+bottom. The original modules are still used to group functions/methods
+related to each type.  Here is the approximate module hierarchy:
 
 @
 hledger ("Main")