The language is bad, but... you can still write great code in a bad language. And you don’t need a good language, or even good code to build a great website. Facebook has made more money with questionable PHP code than any site built with elegant pearl webscripts that I know of. Wikipedia is PHP. So was Digg (RIP). Your users don’t give a darn how good your language or code is so long as it usually works.
So tl;dr, PHP sucks, but I love PHP.