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If I do absolute positioning, nothing is liquid.
Probably I understand absolute positioning wrong, so can someone explain this to me?
Remember this: when you assign position:absolute to an element, you have effectively removed it from the normal page flow. You can very easily have designs that use both position:absolute as well as "liquid" elements.
You might want to use position:absolute for menus or images and then allow the text to flow with the page resize. The possibilities are endless. Just wait until you try position:fixed! IE doesn't supprt it yet, but that does not mean it cannot be used creatively.
I love it! Fluid center, column fixed width outer columns but all with fluid text sizing.
I've experimented with it a bit and can tell you that it's not so tough to use percentages on the outer cols and adding header and footer is a snap ;)
Nick