I updated my Fedora 16 x86_64 and now it works directly, without any workaround.

So, I close the bug.

I apologize : it's with another computer it was OK.

I updated mine too, and it keep same error.

I tried today with a new ./configure command :

./configure --with-apxs2=/usr/local/apache/bin/apxs --with-config-file-path=/usr/local/apache/conf --with-gd --with-zlib --with-bz2 --enable-ftp --enable-sockets --with-curl --with-mysql=/usr/local/mysql --with-mysqli=mysqlnd --with-pdo-mysql=mysqlnd --with-imap --enable-mbstring --enable-exif --without-pear --enable-zip --prefix=/usr/local/php --with-mcrypt --with-jpeg-dir --with-png-dir --with-freetype-dir --enable-gd-native-ttf --with-kerberos --with-imap-ssl

Same problem :
make install
Installing PHP CGI binary:        /usr/local/phpcgi/bin/
cp: cannot create regular file `/usr/local/phpcgi/bin/#INST@1706#': No such file or directory

And if I create folders myself :
mkdir /usr/local/phpcgi
mkdir /usr/local/phpcgi/bin

It's ok :
make install
Installing PHP CGI binary:        /usr/local/phpcgi/bin/
Installing build environment:     /usr/local/phpcgi/lib/php/build/
Installing header files:          /usr/local/phpcgi/include/php/
Installing helper programs:       /usr/local/phpcgi/bin/
  program: phpize
  program: php-config
Installing man pages:             /usr/local/phpcgi/php/man/man1/
  page: phpize.1
  page: php-config.1
Installing PDO headers:          /usr/local/phpcgi/include/php/ext/pdo/

I have this same issue, creating php/bin directory make install works, without 
it it doesn't work.

I'm running CentOS 6 x86_64 (so it should be equal in RHEL6 too)

This is my configure:

./configure  --prefix=/usr/local/php --with-layout=GNU --with-config-file-
path=/usr/local/php --disable-all --enable-libxml --with-libxml-dir=/usr/local -
-with-regex=php --enable-cgi --disable-cli --enable-inline-optimization --with-
pcre-regex --enable-json


Only by making the /usr/local/php/bin directory manually I'm able to "make 
install" it.

Try to execute this command manually

touch /usr/local/phpcgi/bin/#INST@1706#

if you get an error-message, please paste it in here.

Same problem with 5.4.4 on Debian - seems that if you --disable-cli and cgi is enabled *and* your EPREFIX/bin isn't already created - then `make install` doesn't create them.

If you mkdir EPREFIX/bin those directories then `make install` it all works fine - it even creates EPREFIX/include, EPREFIX/lib et al - it's just the bin that it seems to miss. To confirm I checked and created EPREFIX before make install - and it still falls over EPREFIX/bin.

This used to work fine with 5.3 builds, it is switching to 5.4.4 on a test server 'breaks' my build scripts.