There are no sales that would make me get up at 3 AM - or earlier - in order to join the crowd standing in line at WalMart (WalMart?) . . . or, for that matter, Best Buy, Sears, Circuit City, or whatever.
The prices aren't THAT great, and will almost certainly be repeated before Christmas and actually bettered AFTER Christmas.
I stopped by a Best Buy after lunch on Black Friday, got what I wanted (on sale) and was in and out in about 10 minutes. Across the parking lot, I took my mother to the stores she wanted (Michaels's, Linens & Things, Pier 1, and World Market) and crowds were sparse.
I've heard that, unless you've got tykes who NEED to have toys on Christmas morning, the hot items this year are gift cards . . . the teen or adult recipient can then get what they want, and take advantage of after-Christmas sales, meaning more bang for your gift dollar buck.