If you have only one version of Python installed, that doesn't matter.
If you have several versions installed, the first one that appears on your Path system will be executed when you use the python command. In addition, it can make older versions inaccessible without additional work. For example, I had a system with Python 2.7 installed, and I added 3.2 on top of it and checked the ability to add Python.exe to the path during installation. After that, input into "python" and "python3" at the command line opened Python 3.2, so I would need to enter the full path to the interpreter 2.7 when I needed to execute 2.x scripts.
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