  Using a large acceptance calorimeter and a stopped pion beam we have made a
precise measurement of the rare Pi+ -> Pi0 e+ Nu,(pi_beta) decay branching
ratio. We have evaluated the branching ratio by normalizing the number of
observed pi_beta decays to the number of observed Pi+ -> e+ Nu, (pi_{e2})
decays. We find the value of Gamma(Pi+ -> Pi0 e+ Nu)/Gamma(total) = [1.036 +/-
0.004(stat.) +/- 0.004(syst.) +/- 0.003(pi_{e2})] x 10^{-8}$, where the first
uncertainty is statistical, the second systematic, and the third is the pi_{e2}
branching ratio uncertainty. Our result agrees well with the Standard Model
prediction.
