Steam has announced a few big changes to its Gifting process, and they could sound good or bad, depending on your stance. It's putting the Gift to E-mail and Gift to Inventory options out to pasture, replacing it with a system that directly exchanges games from buyer to receiver. It's most likely an action taken to curtail grey market trades, since resellers tend to buy several copies during sales to sell over time. However, that might also make it impossible for collectors to get old and rare titles. You can at least send gifts months in advance, though, in case you want your friend to receive the game on a special day.
Source: Steam
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