I have to say, I was a bit worried about doing things this way, but I feel a ton better knowing that I won't have a huge bill after the holidays :). We got all of our shopping done on black Friday, and have just been sitting back waiting on the fun to start.
I have been watching some deals and ways to save out there, and it looks like a lot of places are offering big discounts and cash back if you use your paypal account to pay. Check it out :)