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No it ain't.
I had an existing MySQL table with a few columns, e.g. x, y, and z, and I needed to add a timestamp column `ts` to it. But when I tried, the column was filled with "<Error>" values. Read on to see how I fixed it.
Saw this issue in my Joomla install:
"Warning: touch() [function.touch]: Utime failed: Permission denied in /simplepie.inc on line 8631"
Fixed it by changing permissions to all files and folders under "/cache"