We wrap EVERYTHING. I have even wrapped bikes(well, it was kind of draped). This after I overheard DS, about 10 at the time, confidently telling someone "My Mom can wrap ANYTHING." My fate was sealed. I DO love to wrap, and only one person at a time can be unwrapping at our house Christmas morning. This stretches things out considerably. Plus it's fun to watch one another.
Santa not wrapping is common in my area.