On the project page, in the sidebar, under "Resources", the "Read documentation" link points to http://drupalcode.org/project/basic.git/blob_plain/16cf37b1f04e1457495c2..., which appears to be broken.

Comments

Version:7.x-2.0-rc3» 7.x-3.x-dev
Assigned:Unassigned» SteveK
Status:Active» Closed (fixed)

The link looks to be working, though I've updated it to reflect the new branch.

http://drupalcode.org/project/basic.git/blob/refs/heads/7.x-3.x:/README.txt