diff --git a/README.md b/README.md
index 45acea8c2eb91341768dea0b1bc6987c5ff1ee6f..47281d29d39980932275de90202ce1bc25d1b067 100644
--- a/README.md
+++ b/README.md
@@ -23,20 +23,13 @@ git clone git@gitlab.paragon-es.de:ansible-playbooks/general.git /opt/ansible --
 cd /opt/ansible
 
 # Setup or update
-./setup_local.sh [COMPANY]
-
-# Optional additional system components
-sudo apt-get install python-setuptools
-sudo easy_install -U pip
-sudo pip install requests
-sudo pip install boto
-sudo pip install six
+./setup_local.py [COMPANY]
 ```
 
 ## Configuration
 
 The above installation configures Ansible such that everything is good to go
-and you can call the ```setup_local.sh``` script again at any time to grab updates
+and you can call the ```setup_local.py``` script again at any time to grab updates
 or restore settings if something got broken.
 
 However, there might be additional settings that make the usage of Ansible more
@@ -44,12 +37,12 @@ convenient and we're describing them here with detailed descriptions.
 
 ### Ansible configuration
 
-You'll find a file ```.ansible.cfg```in your home directory after the setup from
+You'll find a file ```.ansible.cfg``` in your home directory after the setup from
 above and there are certain additional settings that could be usefull:
 
 #### Working with a vault for automatic sudo password input
 
-When using Ansible with this repository you'll get asked for your remove sudo
+When using Ansible with this repository you'll get asked for your remote sudo
 password every single time. If you want to avoid that, you can store that password
 in a vault so that Ansible grabs it from there automatically.
 
@@ -57,18 +50,19 @@ in a vault so that Ansible grabs it from there automatically.
 because otherwise someone else could get access to your whole server farm.
 
 1. Create your vault password file
-
    Create a file named ```~/.ansible/vault.pwd``` and edit that file so that it
    contains your local password for your Ansible vault.
-2. Create you vault file
-
+2. Configure your vault password file
+   To make sure Ansible is going to utilize your password file, insert the line
+   ```vault_password_file = ~/.ansible/vault.pwd``` into ```.ansible.cfg``` in
+   your home directory.
+3. Create your vault
    Use the command ```ansible-vault create ~/.ansible/secrets``` and include
    one line ```ansible_sudo_pass: 'YOURSUDOPASS'```. This is using your default
    editor for the console but you can configure that like ```export $EDITOR=nano```
    to use the nano editor as an example. When saving the file, ansible-vault
    will encrypt that file with your vault password contained in the vault.pwd file.
-3. (Optional) Edit your vault file later on
-
+4. (Optional) Edit your vault file later on
    If you later want to edit your secrets, use ```ansible-vault create ~/.ansible/secrets```
 
 ### Creating shortcuts for the scripts
@@ -81,19 +75,29 @@ part of your PATH environment variable. Examples:
 
 ```
 cd /usr/local/bin
-sudo ln -s /opt/ansible/directory/ansible.sh a
-sudo ln -s /opt/ansible/directory/ansible-playbook.sh apb
-sudo ln -s /opt/ansible/directory/sanity.sh asanity
+sudo ln -s /opt/ansible/directory/ansible.py a
+sudo ln -s /opt/ansible/directory/ansible-playbook.py apb
+sudo ln -s /opt/ansible/directory/role.py arole
+sudo ln -s /opt/ansible/directory/sanity.py asanity
 ```
 
+Since version 1.2, the setup script is creating those links by default for you.
+
 ### Preparing access to existing hosts
 
 Ansible knows the hosts by name and the company specific naming convention should
 be reflected on each local host that wants to use Ansible to manage them. You'll
-find the hostnames in the file called ```inventory``` and you should make sure
-that your local host knows them by name and their IP address. For this, add a new
-line for each of those hosts into your ```/etc/hosts``` file starting with the
-IP address followed by a space and the hostname from the inventory file.
+find the hostnames in the file called ```inventory``` (if you have a static
+inventory) or for dynamic inventories this is an executibale file that you can
+call and it will list the known hosts to your console.
+
+You should make sure that your local host knows all your remote hosts by name 
+and their IP address. For this, add a new line for each of those hosts into your
+```/etc/hosts``` file starting with the IP address followed by a space and the
+hostname from the inventory file.
+
+You can also run ```ansible-playbook.py hosts``` and Ansible will update your
+local hosts file automatically.
 
 Next, and this is the final piece before you can start using Ansible to access
 your hosts, make sure that you can access your hosts via SSH. This repository