http://littlebirdiesecrets.blogspot.com/2008/12/holiday-potpourri.html
I am loving this idea :)
Other ideas are also on this person's blog- no clue how I came across it.
You could do a nice hand soap packaged nicely, a bouquet of flowers, potted poinsettia, a nice scented candle, decorated sugar cookies -you can do stacked cutout stars to form a christmas tree:

There's always wine...