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Don't be in an all-fired hurry to migrate -- just yet :) The bug reports are coming in already (of course). John Lim writes "Looks as if the bug reports are coming in. Here's a serious one: HTTP authentication is broken. Expect a PHP 5.0.1 or 5.0.0 patch level 1 real soon now. There is also a link to the discussion over on Slashdot about the release - complete with both sides of the story slashdot's bile and blessings on the PHP5 release.
The following articles will provide you with valuable information on how to migrate to PHP 5 from previous versions