I didn't mean you to convince me of the correctness of your decision, just for you to consider when deciding the course of action.
IIRC, PHP version 4 has support for XML parsing, check out the manual.
If it's overkill for what you are doing, fair enough. You be the judge. If you only want to extract one field from a page of XML text, you may be right to go with a simple pattern match. It may be faster to develop and faster to run.
But if this system grows over time, so that you are extracting another field, and another field and another field, and the XML layout changes, etc etc... then you'll end up effectively extending and extending your code until you've built an XML handler from scratch, which (with all due respect to you) probably won't be as robust as a mature XML parser designed as an XML parse from day one, with significant peer review and battle scars incorporated into it.
The choice, as ever, is yours.