I've decided to skip 12.0.8 and go directly to 12.1. Obviously I'm going to give it a few months after release for the usual bugs to be worked out before upgrading live servers.
I'm currently testing 12.1.19, which looks pretty darned good.
One of the first things I was going to do was install php-panda.
But before I do so, I noticed something new (to me) in Plesk's component installation section: There's a whole bunch of PHP versions listed under "Different PHP Interpreter versions": 5.2, 5.3, 5.4, 5.5 and 5.6 plus "PHP5 support (from OS Vendor)".
I've ticked everything and I'm about to see what happens, if anything
