Haha! Having developed with both languages I can honestly say that Coldfusion (one word) simplifies 90+% of the tasks that you would need to use on a regular basis. Is PHP more feature rich, perhaps, but you're not land locked with CF. It allows you to delegate to any other jvm runnable language(in the same execution context, ie. Pass variables between) if need be.

You (and others) should give it a try, you will be pleasantly surprised by its simplicity.