The PSd is sliced up into sections within the psd itself. Photoshop will spit them out in the gridded up chunks. some have programs that automatically put that psd layout into a CSS layout. Some do it by hand. While youre viewing your design online it has absolutely nothing to do with the psd anymore. Text can be overlayed on that specific area with proper positioning. shit another graphic can be put on a that graphic "grid". CSS possibilities are near endless.
Its all in the markup...
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