PHP 5 has gone into public beta 1. It's been a while since I've used PHP, so I'll probably try to check this version out in my spare time—which I may have an abundance of in the coming months.
One of the key new features of PHP 5 is it support for Abstract Classes and Methods. While this is nice and all, I'm not sure that PHP is the right language to be doing intensive business logic in. I view PHP much like I view ColdFusion—being primiarily a presentational language. Granted, CFMX now has components, but Java just seems like a more natural choice to rely on for enterprise level processing.
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