I thought it was time to do an updating pass through PEP 1.
PEP stands for Python Enhancement Proposal.
A PEP is a design document providing information to the Python community, or describing a new feature for Python. The PEP should provide a concise technical specification of the feature and a rationale for the feature. We intend PEPs to be the primary mechanisms for proposing new features, for collecting community input on an issue, and for documenting the design decisions that have gone into Python. The PEP author is responsible for building consensus within the community and documenting dissenting opinions. There are two kinds of PEPs.