Guys i followed this procedure here exactly http://www.photopost.com/howtoinstall-php.html
I am on servint VPS ultimate. Problem is that while its shows imagemagick as installed (running /usr/local/bin/identify)
However in the vbulletin admincp on setting the path me getting this(see attachment)
as you can see the image is coming but blank and the font selection gives a imagemagick error.