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They've been around a while, but since NN4 didn't handle the tag many developers stayed away from them in the interest of remaining cross-browser. I expect you'll see a resurgence of that handy tag now that NN4 is fading. I used it just yesterday to do a down-and-dirty subdivision of the old PubConference [pubconference.com] index page.
A good tutorial here:
[w3schools.com...]
(edited by: rcjordan at 7:41 pm (utc) on Mar. 1, 2002)
What's nice about the above format is it gives me content to optimize and at the same time provides my visitors with a brief description of what they are seeing. When viewing in NN4 it looks like any other page of my site with 5 linked titles and descriptions all nicely positioned as if they were meant to be that way. ;)
Of course I have a paragraph at the bottom of the page letting NN4 users know that they can click on any of the title links to open a new window and browse to that forum.