As far as I am aware no spider is looking at the DIV and gathering semantic information from it. Sure, it may look at the TABLE and initially assume it has tabular data in it, but a tiny bit of logic fixes that.
Or blind people using a screenreader?
DIVs aren't entirely semantic, but table is semantically wrong for how it's being used. It'd be like if I asked you to "get me the pencil off that thingie" and pointed at a chair with a pencil on it. As opposed to "get me the pencil off that table" while pointing at the same chair with a pencil on it.
DIVs are not actively anti-semantic. They are just a-semantic. So they're not particularly right, they're just not actively wrong.
That said, CSS layout should have been based on tables/grids from the get go, ie. specify a set of blocks as rows and cells, with colspan and rowspan. It took way too long to get to this point.