"Mark was the better player without a shadow of a doubt," he said. "The number of times he hit the double with his last dart was crippling, his bottle was brilliant.
"I hit a lot of 60s but a lot of my doubles were on the wires. Practising beforehand I was brilliant but it did not go on stage with me. You have to put your practise game out there. Mark was very good and his finishing was excellent."
A delighted Webster, who won the rival BDO world title in 2008, said that his 6-0 defeat by Taylor in last year's PDC semi-final had served as extra motivation.
"The main objective was to do myself justice," said Webster. "I needed to get Phil involved in a scrap and it worked for me.
"I was very nervous at the start so to win the first set was lucky, and then I settled in and I was 3-1 up, and I knew if I lost 5-3 no-one would bat an eyelid. The pressure was off and I played some good darts."
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