diff --git a/pep-3000.txt b/pep-3000.txt
index 52c5a7056..4b7269f2e 100644
--- a/pep-3000.txt
+++ b/pep-3000.txt
@@ -24,9 +24,12 @@ Naming
 ======
 
 Python 3000, Python 3.0 and Py3K are all names for the same thing.
-The project is called Python 3000, or abbreviated to Py3K.  The actual
-Python binary, once it is released, will be named Python 3.0.
-
+The project is called Python 3000, or abbreviated to Py3k.  The actual
+Python release will be called referred to as Python 3.0, and that's
+what "python3.0 -V" will print; the actual file names will use the
+same naming convention we use for Python 2.x.  I don't want to pick a
+new name for the executable or change the suffix for Python source
+files.
 
 PEP Numbering
 =============