After working retail for 9 years and working more than enough Black Friday's, I have no desire to go shopping on Black Friday ever. I don't even go shopping unless it's absolutely necessary. Sure, there are some good deals, but not worth waking up at 3AM and going to the mall, or as others stated, camping out overnight. It seems to me that Best Buy is the only place I know of that people camp out overnight, although they do have some crazy good deals for the early birds.
To me, the worst thing is when the parents bring the kids with them at 5AM, and the kids are half asleep and crying and don't want to be there, but mom had to save $5 on a sweater, so she brings them along.
If anyone has to go out on Black Friday, I would suggest going out after 1PM. 75 percent of all retail business is done by 1PM on Friday, and it's not that busy after that, but you still get some good deals.
Personally, I think the Black Friday ordeal is just a marketing ploy.