Using PEAR code in encoded programs

Hi, I was wondering if the PHP license (which many of the PEAR classes are under) allowed the use of their code in programs compiled with something like the Zend encoder - so the PEAR class would be distributed in encoded form? From my reading of the PHP license it appears to allow this, but I'd like to make sure before I do anything. Thanks Peter -- Maple Design - quality web design and programming http://www.mapledesign.co.uk