Abstract
An analysis of all available data (CELLO, CLEO, \babar) in the range GeV for the pion-photon transition form factor in terms of light-cone sum rules with next-to-leading-order accuracy is discussed, including twist-four contributions and next-to-next-to-leading order and twist-six corrections---the latter two via uncertainties. The antithetic trend between the \babar data for the and those for the transition is pointed out, emphasizing the underlying antagonistic mechanisms: endpoint enhancement for the first and endpoint-suppression for the second---each associated with pseudoscalar meson distribution amplitudes with distinct endpoint characteristics.
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