diff --git a/README.md b/README.md
index 72f32ffa5..b62d0e747 100644
--- a/README.md
+++ b/README.md
@@ -20,9 +20,9 @@ declare a model and get back a unified, OpenAI-compatible endpoint. Neither team
 has to know the details of the other's job.
 
 > [!WARNING]
-> Modelplane is an early v0.1 release under active development. Its APIs and
-> behavior can change between releases. We are building it in the open,
-> collaborating with the AI inference community on integrations and capabilities.
+> Modelplane is an early release under active development. Its APIs and behavior
+> can change between releases. We are building it in the open, collaborating
+> with the AI inference community on integrations and capabilities.
 
 ## Deploy a model
 
diff --git a/docs/manifests/getting-started/configuration.yaml b/docs/manifests/getting-started/configuration.yaml
index 830758b95..7f2b383d2 100644
--- a/docs/manifests/getting-started/configuration.yaml
+++ b/docs/manifests/getting-started/configuration.yaml
@@ -6,4 +6,4 @@ kind: Configuration
 metadata:
   name: modelplane
 spec:
-  package: xpkg.upbound.io/modelplane/modelplane:v0.1.0
+  package: xpkg.upbound.io/modelplane/modelplane:v0.2.0