Is It Ok To Regift?

Plain and simple, what are your thoughts on regifting? It's the time of year to look through and see if there is anything you received last year at this time or for another special occasion and see if you should give it to someone who may actually get use out of it.

Have you ever been the recipient of a 'regift' or regifted something you received that you didn't like? I'm not against getting a regift, especially if it's like Bath & Body lotions because I'm down with that all day! Bring on the regift for this girl!