<section> is not just a “semantic <div>”
HTML 5 introduces new elements like <section>, <article> and <footer> for structuring the content in your webpages. They can be employed in many situations where <div> is used today and should help you make more readable, maintainable, HTML source. But if you just go through your document and blindly replace all the <div>s with <section>s you are doing it wrong.
This is not just semantic nit-picking, there is a practical reason to use these elements correctly.
In HTML 5, there is an algorithm for constructing an outline view of documents. This can be used, for example by AT, to help a user navigate through a document. And <section> and friends are an important part of this algorithm. Each time you nest a <section>, you increase the outline depth by 1 (in case you are wondering what the advantages of this model are compared to the traditional <h1>-<h6> model, consider a web based feedreader that wants to integrate the document structure of the syndicated content with that of the surrounding site. In HTML 4 this means parsing all the content and renumbering all the headings. In HTML5 the headings end up at the right depth for free). So a document like the following:
<body> <h1>This is the main header</h1> <section> <h1>This is a subheader</h1> <section> <h1>This is a subsubheader</h1> </section> </section> <section> <h1>This is a second subheader</h1> </section> </body>
has an outline like:
This is the main header +--This is a subheader +--This is a subsubheader +--This is a second subheader
If you just blindly convert all the <div>s on your pages to <sections> it's pretty unlikely your page will have the outline you expected. And, apart from being a semantic faux-pas, this will confuse the hell out of people who rely on headings for navigation.
Hopefully, in time, we will get tools that make this kind of mistake obvious and CSS support for selecting headings based on depth. Until then remember <section> is not just a semantic <div>