Yes, but most people who make serious use of them hook up a custom session handler that writes session information out to the database (the default implementation that ships with PHP uses the file system). Sessions that are stored in memory by the application server instantly prevent you from load balancing requests across multiple servers and hence kill your scalability - unless you implement sticky sessions which adds yet more complexity. Personally I try to avoid using session storage whenever possible - I've recently started using signed cookies in their place.
Interesting. I mostly build J2EE apps and sticky sessions support is built in. Complex apps require a fair bit of session state (user profile, shopping cart, custom catalog, breadcrumbs, user promos, etc...) in general and the idea of having to persist and reload that data over a network (db or memcached) for each request would absolutely kill page response times. I guess it depends on how heavy the session data is for your app.
jshen: sticky sessions make it a non-issue. Sites I work on run on 3-100 server clusters with each server handling a few thousand active sessions.
I know memcached is very fast. However it's at least an order of magnitude, or more, slower than in memory lookups. Given how simple sticky sessions are I guess I'm not sure why you'd want to incur the overhead of re-buildling your state via external network calls and object serialization/marshalling/etc... for every request, and doing it all backwards at the end of every request.
I'm quite surprised - I've never even considered building a stateful web app that doesn't talk to a database or caching layer at all for most requests. It's fascinating to me how different the approaches taken in the Java world are from the LAMP world I'm accustomed to.
From the Java world, that seems odd:) Scaling your DB and/or caching layer is a lot harder than scaling sticky session based app instance with minimal db interaction.