Frying pans do wear out after a while. Or, they work out lovely for beating DHs with when the honeymoon is over. Oh... should I mention I've been married way longer than 5 years? Umm, nevermind...

YES! Re-gift it. One person's trash can be another's treasure.

I just re-gifted part of my last year xmas gifts. Just waiting for the basement to re-load from this year's holiday.