Sure, the idea's a guaranteed money and time saver. It also ensures that nothing unwanted goes to waste — or does it? If you didn't like the gift in the first place, what makes you so sure someone else is going to? Unless of course he or she is dying for whatever item you've previously rejected and are wrapping up this year. And of course, there's always the risk that the original gift-giver pays you a visit this year, and looks for the special present she gave you last year to ensure that it's being used and loved.
Well, obviously there's a certain art form and etiquette to the whole regifting process, and if you're smart about how you regift, you'll probably get away with it, no questions asked. So tell me, is regifting something you do? Or is it rude to give hand-me-down presents from past holidays?