  A new analysis of the radiatively generated, LO quark (u,d,s,c,b) and gluon
densities in the real, unpolarized photon, improved in respect to our paper
[1], is presented. We perform four new global fits to the experimental data for
F2^gamma, two using a standard FFNS approach and two based on ACOT(chi) scheme
[2], leading to the FFNS(CJK) and CJK models. We also present the analysis of
the uncertainties of the new CJK 2 parton distributions due to the experimental
errors, the very first such analysis performed for the photon. This analysis is
based on the Hessian method, for a comparison for chosen cross-sections we use
also the Lagrange method.
