Improved node install instructions and bumped version

src/node/README.md

@@ -10,9 +10,9 @@ This requires `node` to be installed. If you instead have the `nodejs` executabl
 
 ## Installation
 
-First, clone this repository (NPM package coming soon). Then follow the instructions in the `INSTALL` file in the root of the repository to install the C core library that this package depends on.
-
-Then, simply run `npm install` in or referencing this directory.
+ 1. Clone [the grpc repository](https://github.com/grpc/grpc).
+ 2. Follow the instructions in the `INSTALL` file in the root of that repository to install the C core library that this package depends on.
+ 3. Run `npm install`.
 
 ## Tests
 

src/node/package.json

 {
   "name": "grpc",
-  "version": "0.5.3",
+  "version": "0.5.4",
   "author": "Google Inc.",
   "description": "gRPC Library for Node",
   "homepage": "http://www.grpc.io/",