Hey, thanks for the tip. ReadMe.io cofounder here, happy to answer any questions about my service or API specs in general.
ReadMe.io currently focuses more on the "front end" of the API. We can ingest in-line comments made with the apiDoc.js [1] standard, and then use that description to build an API explorer and reference docs automatically. We like apiDoc because of how concise the comments are, and because they are kept very close to the code (no extra files to maintain). It's not as common as some of the other standards mentioned here, but it's — by far — the fastest and most straightforward way to describe an API.
Hah, touché. It's 98% done and only requires a little bit of usability polish before going live. You can shoot me a note (support [at] readme.io) with your project subdomain and I can enable it for you. Appreciate it!