I know that I get crazy and really shouldn't take on anything in addition to the usual craziness, but I'm sorely tempted by the swaps and exchanges I've been seeing:
Holiday Traditions Exchange at Sew Liberated -- decoration, recipe & tradition!
Stocking Full 'o Cheer Swap at Going Sew Crazy -- a filled stocking!
Ornament Swap -- happening again this year, but not much info yet.
Any other holiday swaps out there?