This is a refreshingly nice, informed, and balanced perspective.
I've only done PHP for small personal projects and some wordpress hacking, and that was years - so my experience is limited. But it seems to me that one of the great and tragic things to PHP is the low barrier to entry. As you put it: "first open source language in which just anybody could write server-side web applications without terrible management problems for the sysadmin".
This made it extremely easy for anyone in the early 2000s who signed up for a web hosting account on godaddy/hostmonster/hostgater/etc... to fire up a text editor of their choice and start slinging code and FTP'ing up to a server. Didn't have to worry about installing, configuring, all the dependencies, build tools, etc... just edit, upload, refresh -- lather, rinse, repeat until it works. Lowered the barrier to entry, and got a lot of people into the field. Really powerful stuff.
It also made sloppy, hacked-together, copy-pasta code very prevalent. In my limited perspective, I suspect that this prevalence of sloppy spaghetti-code has contributed to PHP's bad reputation. It's not that you can't do good code (totally can!), but a PHP environment can be forgiving of some pretty bad practices.