I do.
Matter of fact, last year, he went, with his aunt, out of town to his grandfather's for Easter. On the sly, I gave her the items to put the basket together. So, Easter morning she called me to let me know what happened. After he went to bed Saturday night, she put the basket together and put it in the den. When he came down for breakfast and Church on Sunday, he was a little bummed. But as soon as she mentioned the basket in the den, he perked right up. I guess he really looks forward to it.
I put candy, of course. And some stupid little kiddie toys in there - like a battery operated chick that chirps when you hold it in the palm of your hand. Maybe a deck of cards. Maybe a container of bubbles. Maybe a kite. I'll add a toothbrush, toothpaste, body wash, shampoo, etc. I might only put just ONE thing of real value in there like a PS game, a DVD, a CD that he's been asking for or a gift card to iTunes or Napster. This year I may add a box of golf balls. Or a water toy since we just moved by a lake.
HTH.