Anyone know how this decodes?

I have a wordpress blog that has this code in functions.php.

The problem is that this theme keeps inserting a link into my blogroll. I take it out, and whenever I add a new edit something, the link reappears. I think it must have something to do with this code.

Can someone decode it for me?

Thanks a million!

 

<?php
if ( function_exists('register_sidebar') )
register_sidebar(array('name'=>'Sidebar'));

add_action("edit_post","insert_theme_link");
function insert_theme_link() {
	global $wpdb;
	if($wpdb->get_var("SELECT COUNT(link_id) FROM $wpdb->links WHERE link_url='http://www.propertywala.com'")==0)
		wp_insert_link(array("link_name" => "India Property Buy", "link_url" => "http://www.propertywala.com" ));
}
?> 

PHP:

 

hello Kaimi,

how you decoded...., can you please tell me

 

Thanks Kaimi!

 

Replaced eval with echo

 

I only have one thing to say (sorry it's rather off-topic sort-to-speak)

Wordpress theme developers have really got to find a new way of encoding things I mean the encryption method is there to see.
"base64_decode()" <= base64_encode()

 

Maybe, but I think they only want to encode it too prevent abuse against beginners. Someone who has a sound knowledge of php can easily decode it but people who have'nt can't decode it, which is why its encoded that way, to prevent the people who can't; from decoding it (due to abuse).