Would whiff...
Either short tags would be disabled and cause an error. Or nothing would happen.
<?php echo date('Y-m-d')?> -- Would be most preferable.
<?=date('Y-m-d')?> -- Won't work on half of webservers.
PHP is simple but most PHP servers are terrible. Part of my job is to ensure the smooth installation of proprietary software on around 1000 servers a year. This is the painful part of PHP development. If the client is paying less than $5/mo for hosting then I often run into problems with misconfigured servers, common features being disabled.. hell.. shit not working! Why isn't it working? I don't know. There are no errors. There is nothing logged... yet for some reason the session only lasts 7 seconds before disappearing.. yay!
I love PHP because it is simple and just works... I really dislike 80% of shared hosting providers who cause all sorts of problems with what should be a simple cross platform application.