What I should have done is write a little script that calls phpversion() and run it off the cron tab. That's what I did and it returned version 5.2.14.
Here's the cron command:
php -q /home/username/public_html/mydirectory/myscript.php
So it's running 5.2.14 in 'default' mode off the cron tab.
Here's what's really odd. I've been running with a modified .htaccess in the root to run PHP 5 as follows:
AddHandler application/x-httpd-php5 .php5 .php4 .php .php3 .php2 .phtml
AddType application/x-httpd-php5 .php5 .php4 .php .php3 .php2 .phtml
When I commented that out of the .htaccess, the system reverted back to PHP 4.4.9. I went into the cPanel to PHP Configuration, set the pulldown in the new theme to run *php in PHP 5 and the domain was running 5.2.14 as 'default' (with the commands in the .htaccess commented out).
What I learned about this is users on upgraded cPanel servers have to go into the cPanel PHP Configuration to change the default PHP version for their site, however, they don't need to take any action to use PHP 5 off the the cron tab. I think this is a good implementation by LP even though the way it was rolled out was a little vague. I had the opinion that I didn't need to do anything to run PHP 5 natively but that's not the case.