Instead of centralizing a bunch of 3rd-party packages, PHP might better benefit by putting together a cleanly designed, optional, STL-like layer on top of the exposed nuts and bolts. Something like the powerful classes .NET provides. That way, a person could point to the official, well-documented, core-supported way of doing something like querying a database or subtracting two date objects instead of pointing to yet another "ultimate" PHP extension repository, maintained by who-knows. It might include things like rich database encapsulation, clean and obvious escaping of output for PHP's built-in template functionality, better datetime classes, and so on.
SPL is kind-of-sort-of heading in that direction, but right now it's more for things like iterators and lists--still nuts and bolts. PHP is building some of the stuff I described into the core--there's an equivalent DateTime class now, though it's still in its infancy, and PDO is getting closer and closer to being a pluggable database object. But we've still got a long way to go.
End the need for massive 3rd-party extension repositories and frameworks by building the necessary basics into the core. My dream would be to be able to have a PHP object library like the .NET ones. (Just the basics--DateTime, String, etc., not nightmares like DataGrid.) But I suspect PHP is too weighed down by its syntactical baggage and twisted history to be able to rise up to that dream.