We have measured the $pi^+to {rm e}^+ ugamma$ branching ratio over a wide region of phase space, based on a total of 65,460 events acquired using the PIBETA detector. Minimum-$chi^2$ fits to the measured $(E_{e^+},E_gamma)$ energy distributions result in the weak form factor value of $F_A=0.0119(1)$ with a fixed value of $F_V=0.0259$. An unconstrained fit yields $F_V=0.0258(17)$ and $F_A=0.0117(17)$. In addition, we have measured $a=0.10(6)$ for the dependence of $F_V$ on $q^2$, the ${rm e}^{+} u$ pair invariant mass squared, parametrized as $F_V(q^2)=F_V(0)(1+acdot q^2)$. The branching ratio for the kinematic region $E_gamma > 10 $MeV and $theta_{{rm e^+}gamma} > 40^circ $ is measured to be $B^{rm exp}=73.86(54) times 10^{-8}$. Earlier deviations we reported in the high-$E_gamma$/low-$E_{{rm e}^+}$ kinematic region are resolved, and we find full compatibility with CVC and standard $V$$-$$A$ calculations without a tensor term. We also derive new values for the pion polarizability, $alpha_E = rm 2.78(10) times 10^{-4} fm^3$, and neutral pion lifetime, $tau_{pi 0} = (8.5 pm 1.1) times 10^{-17} $s.