I found the wording here http://docs.python.org/3/reference/datamodel.html#object.__init__ very confusing as it implies that __init__ is the class constructor and not the initialiser.  Specifically it says "As a special constraint on constructors, no value may be returned; doing so will cause a TypeError to be raised at runtime".  Can we please have the wording changed so that it states exactly what this method does?  Possibly changes are also needed in the equivalent section for __new__.

Thoughts?

Is it worth clarifying that __init__ can return a value but only the value None? The following won't raise a TypeError:

class O(object):
    def __init__(self):
        return None

Admittedly the "return None" is the default behaviour but people may attempt this in order to "block creation" of the instance (as __new__ is less well-known, I have seen the above attempted on Stack Overflow: http://stackoverflow.com/questions/26896941/proper-way-to-terminate-object-creation-inside-of-init/)

New changeset 94696e457461 by Ethan Furman in branch '3.3':
Issue20467: clarify __init__'s role
https://hg.python.org/cpython/rev/94696e457461

New changeset 46c9b34f31b8 by Ethan Furman in branch '3.4':
Issue20467: clarify __init__'s role
https://hg.python.org/cpython/rev/46c9b34f31b8

New changeset d0421de8ee11 by Ethan Furman in branch 'default':
Issue20467: clarify __init__'s role
https://hg.python.org/cpython/rev/d0421de8ee11

New changeset 7972b18b6e42 by Ethan Furman in branch '2.7':
Issue20467: clarify __init__'s role
https://hg.python.org/cpython/rev/7972b18b6e42

Changed 'no value may be returned' to 'no non-None value may be returned'.