diff --git a/VERSION b/VERSION
index a2268e2de..b043ee12e 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.3.1
\ No newline at end of file
+0.3.2.dev
\ No newline at end of file
diff --git a/vagrant.gemspec b/vagrant.gemspec
index 98497d763..7320091ec 100644
--- a/vagrant.gemspec
+++ b/vagrant.gemspec
@@ -5,11 +5,11 @@
 
 Gem::Specification.new do |s|
   s.name = %q{vagrant}
-  s.version = "0.3.1"
+  s.version = "0.3.2.dev"
 
-  s.required_rubygems_version = Gem::Requirement.new(">= 0") if s.respond_to? :required_rubygems_version=
+  s.required_rubygems_version = Gem::Requirement.new("> 1.3.1") if s.respond_to? :required_rubygems_version=
   s.authors = ["Mitchell Hashimoto", "John Bender"]
-  s.date = %q{2010-04-21}
+  s.date = %q{2010-04-23}
   s.default_executable = %q{vagrant}
   s.description = %q{Vagrant is a tool for building and distributing virtualized development environments.}
   s.email = ["mitchell.hashimoto@gmail.com", "john.m.bender@gmail.com"]