I don't mind the decorative Christmas gifts, but it'd be nice to have something that I could display all year... I mean, you normally wouldn't give someone a Christmas-themed gift just because it's Christmas, right?
It's like if someone comes to your house and sees your Christmas tree is out on display in mid-June. Who's not gonna think "oh, you're all ready for Christmas...?".
The Saddle Sacks were nice, maybe a way to dye the bows would be cool.
The Yule Goat and Reindeer are neat, but they're really more of a festive decoration...
The Picnic Basket is ok...(I personally haven't used mine since the pizzas I make are too big for it)
The Gnomes are pretty good decoration all year, as well as small storage.
The Snow Lantern was a great idea but implemented poorly imo considering it's heavier than a normal lamp and can't be dyed.
Fireworks were meh.
Transmutation Liquid was only really good for the bottle it came in.
Some of the old old items, like the Sculpting Wand are pretty much phased out by mechanics.
Farwalker amulets were pretty OP from what I've heard.
Spyglasses are now handed out as loyalty rewards (there goes the market).
Bag of Keeeping, I never used one, but I'm pretty sure these were the best of all the gifts.
I mean, you can kinda see what's been happening with the gifts following more of a theme recently...