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I'm not a fan of cookies, other than for storing temporary information (sessions). My reason for this is very simple, not all people accept cookies, and these days with growing concerns about security users are very reluctant to change their security setting just because they can't use a site - simply, you'll miss out on having members.
Instead, consider using a PHP reliant website, with the information stored in mySQL databases (just like how this forum is made). Generally speaking mySQL is fast and reliant if designed properly and carefully, as with PHP.
Try looking on articles in this site and all the Dev sites around the internet - PHP and mySQL is open source so there is a vast mass of guides and tutorials in the exact thing you're asking.
Hope this helps!
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