Alexander Belopolsky added the comment:

I feel odd trying to advocate a POV that I disagree with, so let me just quote 
MAL:


"""
In practice you often don't know the resolution of
the timing source. Nowadays, the reverse of what you said
is usually true: the source resolution is higher than the
precision you use to print it.
..

For full seconds, truncation will add an error of +/- 1 second,
whereas rounding only adds +/- 0.5 seconds. This is what convinced
me to use rounding instead of truncation.
"""

I somehow missed this argument when Marc-Andre made it, so I want to make sure 
that it is properly considered before we finalize this issue.

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<http://bugs.python.org/issue19475>
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