A modern approach to 3 equal heights columns, 1 fixed em, 1 variable % and 1 fixed px width

Tested in FF 3, FF 2, Safari 3, Opera 9.5 (all MacOS) and IE 8, IE 7, IE 6, IE 5.5 (all Windows).

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Using HTML5 structural tags as class names

That's where the modern approach comes in. For more on this topic, take a look at Oli Studholme's great HTML5 id/class name cheatsheet.

Borders and additional paddings have been applied partially for styling the demo, but more so as proof of concept.