Exactly. Here's another reason why, from the PHP.net site:
The PHP development team hereby announces that support for PHP 4 will continue until the end of this year only. After 2007-12-31 there will be no more releases of PHP 4.4. We will continue to make critical security fixes available on a case-by-case basis until 2008-08-08. Please use the rest of this year to make your application suitable to run on PHP 5.
PHP4 is completely DEAD after 2008-08-08. It's pretty shocking that providers are still running this.
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