[anamexis]

That is describing the different formats it will accept.

Further down the page:

> If s contains time zone information, this method returns a DateTime value whose Kind property is DateTimeKind.Local and converts the date and time in s to local time. Otherwise, it performs no time zone conversion and returns a DateTime value whose Kind property is DateTimeKind.Unspecified.

[dpwm]

Yeah, I confused myself and put an edit in there. I first thought it was just ignoring the Z then giving out a UTC object. Now I realize it was doing what I expected it to: parse correctly and hand out a local time.