Joomla! installation issue - MySQL Script

Yesterday, I setup a new localhost environment for development in Joomla! 1.5 using XAMPP. I downloaded and installed XAMPP 1.7.4 that came with PHP 5.3.5 and MySQL Server 5.5.8. During the installation process, Joomla! installer failed due to the following error in database script:

"You have an error in your SQL syntax; check the manual that corresponds to your MySQL server version for the right syntax to use near 'TYPE=MyISAM CHARACTER SET `utf8`' at line 29 SQL=CREATE TABLE `jos_banner` ( `bid` int(11) NOT NULL auto_increment, `cid` int(11) NOT NULL default '0', `type` varchar(30) NOT NULL default 'banner', `name` varchar(255) NOT NULL default '', `alias` varchar(255) NOT NULL default '', `imptotal` int(11) NOT NULL default '0', `impmade` int(11) NOT NULL default '0', `clicks` int(11) NOT NULL default '0', `imageurl` varchar(100) NOT NULL default '', `clickurl` varchar(200) NOT NULL default '', `date` datetime default NULL, `showBanner` tinyint(1) NOT NULL default '0', `checked_out` tinyint(1) NOT NULL default '0', `checked_out_time` datetime NOT NULL default '0000-00-00 00:00:00', `editor` varchar(50) default NULL, `custombannercode` text, `catid` INTEGER UNSIGNED NOT NULL DEFAULT 0, `description` TEXT NOT NULL DEFAULT '', `sticky` TINYINT(1) UNSIGNED NOT NULL DEFAULT 0, `ordering` INTEGER NOT NULL DEFAULT 0, `publish_up` datetime NOT NULL default '0000-00-00 00:00:00', `publish_down` datetime NOT NULL default '0000-00-00 00:00:00', `tags` TEXT NOT NULL DEFAULT '', `params` TEXT NOT NULL DEFAULT '', PRIMARY KEY (`bid`), KEY `viewbanner` (`showBanner`), INDEX `idx_banner_catid`(`catid`) ) TYPE=MyISAM CHARACTER SET `utf8`"

I fixed this error by changing "TYPE=MyISAM" to "ENGINE=MyISAM" in the SQL file for Joomla! installer.

This happens only for MySQL Server 5.5.x since the database storage is now referred to as ENGINE instead of TYPE for older versions of MySQL.

Hope this helps...

Cheerssssss  :)