Beggars can't be choosers. :)
Combined with Instapaper, I have feel like I have achieved the perfect reading workflow.
So I wouldn't call it customizable.
One of the advantages that PHP has is that virtually any cheap web-host in the world can run it. It's not a bad choice to sell a self-hosted product in PHP because of this advantage.
I'm not a huge fan of PHP for many types of projects, but I don't see how it benefits anybody to reflexively hate on something just because of a technology choice.
However, the fact that it supports PHP 4.2 and MySQL 3.23 makes me wonder how old the code base is! Makes me think it's using so many obsolete PHP methods, the deprecated MySQL extension, and is all procedural code (which almost always seems to be spaghetti code with PHP).