Problem with CSS floating elements

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Perturbatio

For some reason it still seems to ignore the top margin of the paragraph in the bottom DIV. I would expect there to be a one line gap above the text like in the other DIV's but it doesn't put it there.

The issue is that the margin is collapsing.

http://www.w3.org/TR/CSS21/box.html#collapsing-margins
http://www.maxdesign.com.au/presentation/workshop/slide46.htm
http://www.researchkitchen.de/blog/archives/css-autoheight-and-margincollapsing.php