Countdown in javascript

I've written this little countdown script to count until the end of our school days.

Now, that was written quickly, badly remembering modulo from a few years ago, and I don't think that's very optimized.

I thought about updating only the seconds and check if it needs to update the minute too, etc. But it wouldn't be accurate as setTimeout is not (depending if the browser lags, etc).

Here is the code:

(function() {
    var el = document.getElementById('countdown'),
        endDate = new Date('March 30, 2012 18:10:00'),
        curDate,
        diff,
        days,
        hours,
        minutes,
        seconds,
        tmp,
        countdown,
        pad = function(number) { return (number < 10 ? '0' : '') + number }
    ;(function() {
        curDate = new Date()
        diff = new Date(curDate.getTime() - endDate.getTime())
        days = Math.abs(diff / (24 * 60 * 60 * 1000))
        tmp = diff % (24 * 60 * 60 * 1000)
        hours = Math.abs(tmp / (60 * 60 * 1000))
        tmp = tmp % (60 * 60 * 1000)
        minutes = Math.abs(tmp / (60 * 1000))
        tmp = tmp % (60 * 1000)
        seconds = Math.abs(tmp / 1000)
        countdown = pad(parseInt(days, 10)) + ':' + pad(parseInt(hours, 10)) + ':' + pad(parseInt(minutes, 10)) + ':' + pad(parseInt(seconds, 10))
        if ('textContent' in el) el.textContent = countdown
        else el.innerText = countdown
        setTimeout(arguments.callee, 1000)
    }())
}())

PS: about the semicolons missing, it is a deliberate choice as I find this more readable (the ; right before the (function() is because it is the only edge case where the semicolon insertion doesn't work correctly).

Edit : @Zirak has reviewed my code. Here is the reviewed version, which does look way cleaner!

(function() {
    //the variable block here seems kinda weird, but whatever toots your horn
    var el = document.getElementById('countdown'),
        endDate = new Date('March 30, 2012 18:10:00'),
        curDate,
        diff,
        days,
        hours,
        minutes,
        seconds,
        tmp,
        countdown,
        //added Math.floor. this is already a shortcut, might as well make it a double one
        pad = function(number) { return (number < 10 ? '0' : '') + Math.floor(number) },

        //calculate these constants once, instead of over and over
        minute = 60 * 1000,
        hour = minute * 60,
        day = hour * 24

    ;(function tick() {
        curDate = new Date()
        //you want the absolute value of this, not of individual calculations using this
        diff = Math.abs(new Date(curDate.getTime() - endDate.getTime()))
        days = diff / day

        tmp = diff % day
        hours = tmp / hour

        tmp = tmp % hour
        minutes = tmp / minute

        tmp = tmp % minute
        seconds = tmp / 1000

        //parseInt was redundant
        countdown = pad(days) + ':' + pad(hours) + ':' + pad(minutes) + ':' + pad(seconds)

        if ( 'textContent' in el ) {
            el.textContent = countdown
        }
        else {
            el.innerText = countdown
        }

        //dont't use arguments.calle, it's deprecated
        //simply use a named function expression
        setTimeout(tick, 1000)
    }())
}())​