what is Python's module search path?

[Stephen Ferg]

I need a little help here.

I'm developing some introductory material on Python for non-programmers.

The first draft includes this statement.  Is this correct?

-----------------------------------------------------------------
When loading modules, Python looks for modules
in the following places in the following order:

 * Python's built-in modules, including modules in the standard library
 * in the /python23/Libs/site-packages directory
 * the directory from which your main module was loaded
 * in directories in PYTHONPATH
 
------------------------------------------------------------------
Thanks in advance!  -- Steve Ferg