Updated FAQ on Python versions to explain 2 vs 3.

Required the latest version for each Python series to minimize
bookkeeping in the future.

Forward-port of c1d8f3b from stable/1.6.x.

docs/faq/install.txt

@@ -38,22 +38,6 @@ PostgreSQL fans, and MySQL_, `SQLite 3`_, and Oracle_ are also supported.
 .. _`SQLite 3`: http://www.sqlite.org/
 .. _Oracle: http://www.oracle.com/
 
-Do I lose anything by using Python 2.6 versus newer Python versions, such as Python 2.7?
-----------------------------------------------------------------------------------------
-
-Not in the core framework. Currently, Django itself officially supports
-Python 2.6 (2.6.5 or higher), 2.7, 3.2.3 or higher. However, newer versions of
-Python are often faster, have more features, and are better supported. If you
-use a newer version of Python you will also have access to some APIs that
-aren't available under older versions of Python.
-
-Third-party applications for use with Django are, of course, free to set their
-own version requirements.
-
-All else being equal, we recommend that you use the latest 2.7 or 3.x release.
-This will let you take advantage of the numerous improvements and optimizations
-to the Python language since version 2.6.
-
 What Python version can I use with Django?
 ------------------------------------------
 
@@ -65,20 +49,35 @@ Django version Python versions
 1.2            2.4, 2.5, 2.6, 2.7
 1.3            2.4, 2.5, 2.6, 2.7
 1.4            2.5, 2.6, 2.7
-1.5            2.6.5, 2.7 and 3.2.3, 3.3 (experimental)
-**1.6**        **2.6.5, 2.7** and **3.2.3, 3.3**
-*1.7 (future)* *2.7, 3.3 (to be confirmed)*
+1.5            2.6, 2.7 and 3.2, 3.3 (experimental)
+**1.6**        **2.6, 2.7** and **3.2, 3.3**
+*1.7 (future)* *2.7* and *3.2, 3.3*
 ============== ===============
 
-Can I use Django with Python 3?
--------------------------------
+For a given series of Python versions, only the latest release is officially
+supported. For instance, at the time of writing (July 1st, 2013), the latest
+release in the 2.7 series is 2.7.5.
 
-Yes, you can!
-
-Django 1.5 introduced experimental support for Python 3.2.3 and above.
+What Python version should I use with Django?
+---------------------------------------------
 
 As of Django 1.6, Python 3 support is considered stable and you can safely use
-it in production. See also :doc:`/topics/python3`.
+it in production. See also :doc:`/topics/python3`. However, the community is
+still in the process of migrating third-party packages and applications to
+Python 3.
+
+If you're starting a new project, and the dependencies you plan to use work on
+Python 3, you should use Python 3. If they don't, consider contributing to the
+porting efforts, or stick to Python 2.
+
+Since newer versions of Python are often faster, have more features, and are
+better supported, all else being equal, we recommend that you use the latest
+2.x.y or 3.x.y release.
+
+You don't lose anything in Django by using an older release, but you don't take
+advantage of the improvements and optimizations in newer Python releases.
+Third-party applications for use with Django are, of course, free to set their
+own version requirements.
 
 Will Django run under shared hosting (like TextDrive or Dreamhost)?
 -------------------------------------------------------------------