Toad,
You are right that rolled shapes are listed in manuals. In my work, I often have to invent other sections which are not in any manual. The rule of thumb for sections is a sanity check for calculated values of unusual shapes.
Here is another rule of thumb: the buckling capacity of a column is approximately equal to the lateral stiffness (at mid length) TIMES the length divided by five. The column can be any reasonable shape such as a tapered wood piling, a stepped column like a telescopic cylinder (variable section). You have to know something about the column to know that buckling will govern. The formula works for varible end conditions, (pinned, fixed, pinned-fixed etc). The mid column lateral stiffness can be determined by calculation, or it can be obtained by measurement. Interestingly, you do not have to know the moment of inertia exactly, or Youngs modulus if you determine the lateral stiffness experimentally.