@Robert Gentel,
Yep...the presents are what make it run, for sure.
I have to say that there was a lot more pleasure in the fantasy for us as kids than just that, though.
We were fascinated by the whole lore of the North Pole and the elves and reindeer and all.... We'd imagine what Santa's home was like...and what the elves were like, and how cool flying reindeer would be!
The ritual of leaving out food and drink for Santa was great. We would also leave out carrots and such for the reindeer.
Then we'd DESPERATELY try and stay awake to hear Santa arrive...but never did. It was as much fun as leaving out objects for my toys (which I believed came alive at night) to leave little foot or paw prints in! (They always avoided the traps with ease, sadly.)
Checking on how much Santa had eaten was the first thing we did in the morning, before shaking the presents.
There was sadness, too, though.
I knew the most important Santa deputy was in John Martin's store, where the magic cave was. Everyone knew this, because they sponsored the wonderful (to little kids) Christmas Pageant, which delivered Santa to the store.
I knew that the Santas in other places were kind of secondary deputies, but I couldn't BEAR to see any of them alone and not having kids around them. I imagined that these guys (who were likely heaving sighs of relief at having a moment away from bloody kids!) were feeling forlorn and unloved, and would insist on a mercy sit on their knees.
You're right about how weird and tawdry the accoutrements of a northern hemisphere winter solstice ritual look in the heat, though!