Re: Decision: > revisited

> From: bosak@atlantic-83.Eng.Sun.COM (Jon Bosak)
> To: w3c-sgml-wg@w3.org
> The ERB has slightly modified its previously reported decision to
> require "<", "&", and ">" always to be escaped except in markup.  The
> rule for ">" is now that it may always optionally be escaped with &gt;
> and that it must be escaped when following "]]" if it is not to be
> interpreted as part of a marked section close.

Just to confirm, then, the string:
in an XML document is valid text and is only a PIC if one is already
in a PI.  Is this correct?