DateTime class vs. native PHP date-functions

If your worry is that creating a class instance is expensive and that it'll hinder performance, then I'm afraid you're barking at the wrong tree. One should never consider whether to use proven OO approach where it makes sense. If it makes sense to use DateTime class in order to perform certain date calculations, then use it. It's not expensive to the point where your app will feel it, unless you do something crazy such as creating 1 million DateTime objects.

Reason why DateTime is great is because it alleviates the worry of daylight savings by specifying the time zone when creating the object. It's also easy to obtain differences between dates or obtain intervals between different objects. It basically cuts down the amount of worry and coding required (but I will admit it is wrong sometimes, hopefully it'll get addressed in 5.4 release of PHP).

Bottom line - I'd always use it.