This debate is ridicoulous. Every webscript I have ever used has database credentials in plain text in a config file. There's just no other way to do it, since the script has to be able to access this information. Of course you could encrypt it, but since the script needs to be able to decrypt it again to use it, you'd have to store the key somewhere. As others have pointed out, the config file can't be accessed from the outside. If an attacker has access to your ftp or shell, it's really too late.
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