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benefits are faster page loads(it starts rendering the div as soon as it receives the first div tag, tables it has to receive the whole table code before it can start rendering any of it), more visual and placement options.
cons... well, it's not as universal as a table, true tables weren't meant for layout, but it works and IS working for the entire web... so you know your design is going to look the same (for the most part) in all browsers.
If all browsers accepted them, there would be no discussion on whether or not to use css, you just would and only talk about why different browsers don't act the same. pretty sure you need 4+ for explorer, 6+ for netscape and firefox, omniweb and safari are good to go.
They're good to play with, but as far as full universal production use... CSS is not ready for primetime and won't be for proabably another 1-2 years.
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