I converted my company's calendar to XSL and changed all the tables to divs. It worked pretty well, but I had a lot of 8 day week bugs to work out initially owing to precarious cross-browser spacing issues. But I was reading another post regarding when to use tables v. divs and the consensus seemed to be that you should only use divs for true divisions between parts of the webpage, and only use tables for tabular data.
I'm not sure I could even have used tables with XSL but I wanted to follow up that discussion of Divs and Tables with a discussion of the ideal way to make a web calendars and maybe a union of the two.
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