I’ve prepared a set of daemontools scripts to launch and monitor lighttpd and its PHP processes spawned with spawn-fcgi. Here is the README, a tar file with the scripts, and here you can browse the directories with all the scripts.
PS: yes, I like daemontools. It helps me achieving high availability with many services, keeping them up even when a server misbehaves and some process dies. This avoids a lot of late night calls. It’s a great invention. 