You can recreate the Win95 raised border with just box-shadow:
.raised {
box-shadow:
inset -1px -1px #0a0a0a,
inset 1px 1px #ffffff,
inset -2px -2px #808080,
inset 2px 2px #dfdfdf;
}
Flip the sign on all four to get the sunken (pressed) variant.