diff --git a/README.md b/README.md
index 2bea609bfc..dffdaa9dc3 100644
--- a/README.md
+++ b/README.md
@@ -70,8 +70,9 @@ which means you can modify it, redistribute it or use it however you like.
     --default-search PREFIX          Use this prefix for unqualified URLs. For
                                      example "gvsearch2:" downloads two videos
                                      from google videos for  youtube-dl "large
-                                     apple". By default (with value "auto")
-                                     youtube-dl guesses.
+                                     apple". Use the value "auto" to let
+                                     youtube-dl guess. The default value "error"
+                                     just throws an error.
     --ignore-config                  Do not read configuration files. When given
                                      in the global configuration file /etc
                                      /youtube-dl.conf: do not read the user
diff --git a/youtube_dl/version.py b/youtube_dl/version.py
index ab076489f2..a8804b6502 100644
--- a/youtube_dl/version.py
+++ b/youtube_dl/version.py
@@ -1,2 +1,2 @@
 
-__version__ = '2014.06.26'
+__version__ = '2014.07.10'