I still have no idea on how to send presents to another person. Pretty sure I saw a post from VMK_Lumos somewhere saying they would update the Newsletter with that information but it is now Christmas Day and I still don't know.
Plus... can you only gift something you already have? I know in the old VMK you could send presents to people and when they opened them they were something new - vaguely recall a yellow wreath as being one. If it is just what you already own then aren't you really doing a one-sided trade and could use the trade box?