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tables enable more control over all aspects
And as always, they are displayed in a table.
cellpadding="1" cellspacing="3" border="0"
Tables is old-fashioned way of designing websites. Tables should be use when you really need to present some information in tables.
Divs are for layout, Tables are for tabular data.
I still have some major site using table based positioning that are leftovers from the olden days and eventually, given enough time and alcohol, they will be properly converted but in the interim they still function, look fine, render fast and rank well. If they didn't, they'd have all been converted years ago.
Unless someone looked under the hood they'd never know and not run away horrified.
Sadly, most of the really cool and intricate designs that were clumsily done using tables have been abandoned for RWD style sites which typically aren't that interesting to look at and all have a similar look and feel due to the template framework.
Table or Div isn't an either or question, they're too different things used for two different purposes that got jumbled up back in the day during HTML's infancy. Being that this is 2014, not 1996, Divs are for layout, Tables are for tabular data. Done.