[3.14] gh-132661: PEP 750 documentation: second pass (GH-137020) (#137392)

gh-132661: PEP 750 documentation: second pass (GH-137020)
(cherry picked from commit 4dae9b1ff1)

Co-authored-by: Adam Turner <9087854+AA-Turner@users.noreply.github.com>

Doc/tutorial/inputoutput.rst

@@ -95,11 +95,11 @@ Some examples::
    >>> repr((x, y, ('spam', 'eggs')))
    "(32.5, 40000, ('spam', 'eggs'))"
 
-The :mod:`string` module also contains support for so-called
-:ref:`$-strings <template-strings-pep292>` that offer yet another way to
-substitute values into strings, using placeholders like ``$x`` and replacing
-them with values from a dictionary. This syntax is easy to use, although
-it offers much less control of the formatting.
+The :mod:`string` module contains support for a simple templating approach
+based upon regular expressions, via :class:`string.Template`.
+This offers yet another way to substitute values into strings,
+using placeholders like ``$x`` and replacing them with values from a dictionary.
+This syntax is easy to use, although it offers much less control for formatting.
 
 .. index::
    single: formatted string literal