PHP 5.3 shared hosting providers
Because they're still hard to find, here's a list of webhosts that provide PHP 5.3.
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SiteGround
Shared plans offer several different versions of PHP (including PHP 5.3.) The prices are very reasonable, and the host provides many convenient turn-key solutions.
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WebFaction
You can request a PHP 5.3 stack on any of their shared accounts. Additionally, the accounts come with SSH access and a powerful admin.
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DreamHost
Provides PHP with unlimited disk space and bandwidth. SSH and one-click installs are provided as well. [Although I couldn't find info in the site saying PHP 5.3 was available, I did find a tutorial that walked you through installing it on your own: http://wiki.dreamhost.com/Installing_PHP5]
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A2 Hosting
Plans provide unlimited bandwidth and diskspace, SSH access, and expert support. Ask for PHP 5.3 specifically when you sign up.
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Apis Networks
Their web hosting accounts provide a couple different versions of PHP (including a version of PHP 5.3.) They also offer SSH and a very capable custom control panel.
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Hostek
Their linux hosting plan includes the option to have PHP 5.3 running for your account (you have to ask for PHP 5.3 in your order.)