Question

I want to recreate this using CSS only instead of a table

code will be something similiar to the following

<ul>
<li>
<span class="icon-class icon-name"></span>
<span class="text">Text</span>
</li>
 //more li's
</ul>

icon-class sets image, display block, width and height, and icon-name sets position
li float left, list-style none

All of my CSS is fine except center aligning the icon; and vertically aligning text to the bottom and center aligning the text

Answer 1

You can do just :

HTML

<div id="wrapper">
    <ul>
        <li><div class="icon"></div> Really long text 1</li>
        <li><div class="icon"></div> Text 2</li>
    </ul>
</div>

CSS

ul { text-align: center; }
li { display: inline-block; }
#wrapper { position: absolute; }
.icon { position: relative; width: 50px; height: 50px; border: 1px solid #aaa; margin: 0 auto;}

Demo : http://jsfiddle.net/efqy7

Edit 1 : add margin 0 auto : http://jsfiddle.net/efqy7/3

EDIT 2 : add wrapper and position absolute/relative : http://jsfiddle.net/efqy7/7