I like them a lot, both giving and receiving.
Getting one as a gift is better than getting a gift I don't like. And similarly to what Cliche said, if I get cash as a gift I will spend it on stuff like food/gas. Que boring.
Giving a gift certificate is enough to show thought (as long as you get one from an appropriate store). And you can be sure that whatever they do get will be spent on something they like.
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