We have particpated in a ton of GE's and LOVE them!!! I personally don't mind the "don't" list. That way i don't get something the baby can't use or eat. I prefer the don'ts on a list for that reason. Anything else is fair game and i can go shop, shop, shop!! I figure if it isn't on the don't list, i can get whatever i want to get. This makes it easy for me to get whatever i want. I also shop all year long and stock up on generic items that can be used by either male or female so i always have a stash here to pick from. When i see a sale, I stock up even for next year if it is seasonal. I just bought some Easter items for next year.

I just keep a box, well, several boxes now, full of special GE items so i shop at home at each GE!!

We LOVE, LOVE, LOVE hand made items from the heart!! My girls aren't picky about much so they are easy to buy for. With 5 all the gifts get used and well loved on!!
IMO, i prefer the don't list. The want list puts a little more pressure as i feel i have to go find whatever is on that list and i would rather pick out those myself to make it a surprise. Like someone said, there is no surprise if they know they are getting their "list". I like to give hand made and/or very unique gifts.
Just have fun!! My girls will go bonkers over anything...even the packaging!