Python 3.x doesn't honor sys.tracebacklimit=0

According to 
http://docs.python.org/py3k/library/sys.html#sys.tracebacklimit
when set to 0, it should not print any stack trace, but it does.

Python 3.2 (r32:88445, Feb 20 2011, 21:29:02) [MSC v.1500 32 bit (Intel)] on win
32
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p3> import sys
p3> sys.tracebacklimit = 0
p3>
p3> def f(x):
...   return f(x-1) if x else 0/0
...
p3> f(5)
Traceback (most recent call last):
  File "<stdin>", line 1, in <module>
  File "<stdin>", line 2, in f
  File "<stdin>", line 2, in f
  File "<stdin>", line 2, in f
  File "<stdin>", line 2, in f
  File "<stdin>", line 2, in f
  File "<stdin>", line 2, in f
ZeroDivisionError: division by zero
p3>