True. I'm uncomfortable with people being me presents as they might need that money themselves, I also hate the obligation placed upon someone to buy a present in return, of a similar value.
I hate the thought of them buying me something I don't want. This way its guarantees their money isn't wasted, but I'd rather not receive anything at all, but that makes them feel uncomfortable. Weird isn't it.
I should clarify, my wife and I generally buy each other gifts still, but it's generally things to enjoy. Jewellery, or a little coffee machine, or a portable bluetooth speaker, etc. Not something like tools, where it's (for most of us) just a means to an end, to solve a problem.