Us too, Santa only brings one gift. The rest is from us. Now that my daughter is 8 she just asked why some kids get lots of gifts from Santa and she gets only 1. I told her that I can buy her a lot of the things she wants so I tell Santa he only needs to bring them 1 gift and can give the extra gifts to kids whose moms and dads can't but them for them. So I just have to worry about getting them each their 2 santa gift, other than that if they don't get it I can explain it was too expensive, I couldn't find it, they already had something similar etc.
We do the opposite--pjs & a book from us, the rest from Santa. They don't get everything on their lists. But I use the excuse "WE would never buy you that much stuff..." Of course, kids are 15, 12 & 10...10YO still believes but figure we get one more year after this at best...

I used to get by for about $100/kid. I am struggling to stay under $200 this year...their lists are very short; but when each item runs $50+ OUCH! (it is KILLING DS15 that all his friends have COD Special Ops but he has to wait for Santa....)

She is the one that asks for the most. Her list is huge! I remember last Christmas she was so dissapointed that Santa did not bring her a Zhu Zhu pet hamster. When anyone asked her how her Christmas was, or if she got everything she wanted, she talked about the dumb hamster. Two months after Christmas she had 4 of them, but it didn't matter. She still talks about how Santa brought other kids a hamster, but not her. She was crushed. I felt terrible that I did not do a better job tracking one of those hamsters down in time for Christmas. 
