Yes, there's a built-in web server in the upcoming release of PHP 5.4 which you can try out in their release candidates (I found about this just recently too!)
What I need help figuring out is, is there any way to make it run on domain names other than localhost (it's running fine on localhost, port 80)? Even 127.0.0.1 doesn't work. I've put in dummy hostnames in my hosts file to point to 127.0.0.1 and they don't work too. I understand that it's just a release candidate, but I would like to know whether anyone else has already come up with a solution for this issue so that I can test my app with the actual domain name pointing to 127.0.0.1 in my hosts file. OS is Windows 7 Professional SP1.
Things I've already tried: 1. Googling (duh) 2. Looking through php.ini for options 3. Trying out 127.0.0.1, my LAN IP, my WAN IP with port 80 forwarded and NAT loopback issue fixed (router running DD-WRT)