The first Release Candidate of PHP 5 is finally here! The move from Beta stage to RC stage means that PHP 5 is now feature complete, and is quite stable - stable enough for everyone to start playing with. Note that it is still not recommended for mission-critical use.
Some of the key features of PHP 5 are:

The Zend Engine II with a new object model and dozens of new features.

XML support has been completely redone in PHP 5, all extensions are now focused around the excellent libxml2 library (http://www.xmlsoft.org/).

A new MySQL extension named MySQLi for developers using MySQL 4.1 and later. This new extension includes an object-oriented interface in addition to a traditional interface; as well as support for many of MySQL's new features, such as prepared statements.

SQLite has been bundled with PHP. For more information on SQLite, please visit their website.

A brand new built-in SOAP extension for interoperability with Web Services.

A new SimpleXML extension for easily accessing and manipulating XML as PHP objects. It can also interface with the DOM extension and vice-versa.

Streams have been greatly improved, including the ability to access low-level socket operations on streams.
Related Links:
PHP-Site
Changelog
Download
Devious Comments
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A Love Story2:
*spreads the news*
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woah there boy, careful with that signature!
Good to see libXML2 support, this should allow me to pull shoutcast server stats better, as ASP was giving me issues with my radio stations XML stats
::scurries off to download::
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moved to ~mpineiro
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