=item $!
If used numerically, yields the current value of the C C<errno>
-variable, with all the usual caveats. (This means that you shouldn't
-depend on the value of C<$!> to be anything in particular unless
-you've gotten a specific error return indicating a system error.)
+variable, or in other words, if a system or library call fails, it
+sets this variable. This means that the value of C<$!> is meaningful
+only I<immediately> after a B<failure>:
+
+ if (open(FH, $filename)) {
+ # Here $! is meaningless.
+ ...
+ } else {
+ # ONLY here is $! meaningful.
+ ...
+ # Already here $! might be meaningless.
+ }
+ # Since here we might have either success or failure,
+ # here $! is meaningless.
+
+In the above I<meaningless> stands for anything: zero, non-zero,
+C<undef>. A successful system or library call does B<not> set
+the variable to zero.
+
If used an a string, yields the corresponding system error string.
You can assign a number to C<$!> to set I<errno> if, for instance,
you want C<"$!"> to return the string for error I<n>, or you want
Also see L<Error Indicators>.
+=item %!
+
+Each element of C<%!> has a true value only if C<$!> is set to that
+value. For example, C<$!{ENOENT}> is true if and only if the current
+value of C<$!> is C<ENOENT>; that is, if the most recent error was
+"No such file or directory" (or its moral equivalent: not all operating
+systems give that exact error, and certainly not all languages).
+To check if a particular key is meaningful on your system, use
+C<exists $!{the_key}>; for a list of legal keys, use C<keys %!>.
+See L<Errno> for more information, and also see above for the
+validity of C<$!>.
+
=item $EXTENDED_OS_ERROR
=item $^E