We'd take turns having different sets of grandparents out each year, and opposite years going to see them in turn. We didn't have a fireplace or mantle or anything, so never did stalkings. But we'd always go caroling on Christmas eve, go to mass at midnight, and then open presents in the morning, take a break for breakfast, then finish - and just laze around the day, reading our new books or playing with new toys or whatever.
As adults... we were always different places in the world, and since my grandparents passed, I think the family's only gotten together once in the last 10 years. We share very small, funny gifts with each other now, and when times are tough, like for Gary and I this year, we just send cards, and have a call on Christmas.

Our new tradition is to get the kitties a couple of boxes and fill them with packing paper. I don't think we can afford new toys for them this year, but my sister usually sends a few.
