Abstract. Building on the rare pion and muon decay results of the PIBETA experiment, the PEN collaboration has undertaken a precise measurement of B πe2 ≡ R π e/µ , the π + → e + ν(γ) decay branching ratio, at the Paul Scherrer Institute, to reduce the present 40× experimental precision lag behind theory to ∼ 6 − 7×. Because of large helicity suppression, R π e/µ is uniquely sensitive to contributions from non-(V − A) physics, making this decay a particularly suitable subject of study. Even at current precision, the experimental value of B πe2 provides the most accurate test of lepton universality available. During runs in 2008-10, PEN has accumulated over 2 × 10 7 π e2 events; a comprehensive maximum-likelihood analysis is currently under way. The new data will also lead to improved precision of the earlier PIBETA results on radiative π and µ decays.