- list.insert(i, x) now interprets negative i as it would be

interpreted by slicing, so negative values count from the end of the
  list.  This was the only place where such an interpretation was not
  placed on a list index.

Doc/lib/libstdtypes.tex

@@ -941,8 +941,7 @@ The following operations are defined on mutable sequence types (where
   \lineiii{\var{s}.index(\var{x})}
     {return smallest \var{i} such that \code{\var{s}[\var{i}] == \var{x}}}{(4)}
   \lineiii{\var{s}.insert(\var{i}, \var{x})}
-	{same as \code{\var{s}[\var{i}:\var{i}] = [\var{x}]}
+	{same as \code{\var{s}[\var{i}:\var{i}] = [\var{x}]}}{(5)}
-	  if \code{\var{i} >= 0}}{(5)}
   \lineiii{\var{s}.pop(\optional{\var{i}})}
     {same as \code{\var{x} = \var{s}[\var{i}]; del \var{s}[\var{i}]; return \var{x}}}{(6)}
   \lineiii{\var{s}.remove(\var{x})}
@@ -982,8 +981,10 @@ Notes:
   \var{s}.
 
 \item[(5)] When a negative index is passed as the first parameter to
-  the \method{insert()} method, the new element is prepended to the
+  the \method{insert()} method, the list length is added, as for slice
-  sequence.
+  indices.  If it is still negative, it is truncated to zero, as for
+  slice indices.  \versionchanged[Previously, all negative indices
+  were truncated to zero]{2.3}
 
 \item[(6)] The \method{pop()} method is only supported by the list and
   array types.  The optional argument \var{i} defaults to \code{-1},

Lib/test/test_types.py

@@ -345,6 +345,11 @@ a.insert(0, -2)
 a.insert(1, -1)
 a.insert(2,0)
 if a != [-2,-1,0,0,1,2]: raise TestFailed, 'list insert'
+b = a[:]
+b.insert(-2, "foo")
+b.insert(-200, "left")
+b.insert(200, "right")
+if b != ["left",-2,-1,0,0,"foo",1,2,"right"]: raise TestFailed, 'list insert2'
 if a.count(0) != 2: raise TestFailed, ' list count'
 if a.index(0) != 2: raise TestFailed, 'list index'
 a.remove(0)

Misc/NEWS

@@ -12,6 +12,11 @@ What's New in Python 2.3 beta 1?
 Core and builtins
 -----------------
 
+- list.insert(i, x) now interprets negative i as it would be
+  interpreted by slicing, so negative values count from the end of the
+  list.  This was the only place where such an interpretation was not
+  placed on a list index.
+
 - range() now works even if the arguments are longs with magnitude
   larger than sys.maxint, as long as the total length of the sequence
   fits.  E.g., range(2**100, 2**101, 2**100) is the following list:

Objects/listobject.c

@@ -159,8 +159,11 @@ ins1(PyListObject *self, int where, PyObject *v)
 		PyErr_NoMemory();
 		return -1;
 	}
+	if (where < 0) {
+		where += self->ob_size;
 		if (where < 0)
 			where = 0;
+	}
 	if (where > self->ob_size)
 		where = self->ob_size;
 	for (i = self->ob_size; --i >= where; )