Added extensive information for Python 3 module (from RN) (#1563)

Co-authored-by: Daria Vladykina <[email protected]>

xml/art_modules.xml

@@ -674,9 +674,22 @@
   <sect2 xml:id="art-modules-python-3">
    <title>Python 3</title>
    <para>
-    This module contains the most recent version of selected Python 3 packages.
-    It has a different lifecycle than &sle; itself. Packages in this module are
-    frequently updated to new upstream versions.
+    This module provides the Python 3.11 interpreter (including setuptools, wheel,
+    and pypi support) and many additional maintained Python 3.11 modules. It has
+    a different lifecycle than &productname; itself. The Python 3.11 and the
+    contained Python 3.11 modules are supported at least until the end of December
+    2027. The Python 3.11 modules might be updated with the next service pack (if
+    compatible and when needed).
+   </para>
+   <para>
+    Packages within the Python 3 module can be installed alongside existing
+    Python packages, and they can coexist in the same system without
+    impacting any ongoing Python 3.6 workloads.
+   </para>
+   <para>
+    In &productname; &productnumber;, the Python 3 module ships with Python 3.11.
+    Python 3.11 is compatible with versions 3.10 and 3.9. The code written in 3.9
+    or 3.10 should run without changes or only with minimal changes in 3.11.
    </para>
    <itemizedlist>
     <listitem>
@@ -692,7 +705,7 @@
     </listitem>
     <listitem>
      <para>
-      <emphasis role="bold">Lifecycle:</emphasis> 10 years
+      <emphasis role="bold">Lifecycle:</emphasis> 31 Dec 2027
      </para>
     </listitem>
     <listitem>