We're having to come up with two lists! Since we met, we've 'rotated' between the family (3 sets of parents between us), except for the year we got married and you wouldn't believe the hassle from my family for doing that.
This year (as per every 3yrs), we drive 4hrs to my Dad's on Christmas Eve, then DH will cook a full Christmas dinner on Christmas Day (long story, for various reasons I can't cook the meal). Thing is, the food will be my Dad's choice, not ours. Basic staples are: turkey crown (DH is not trying to stuff a turkey in that oven again!), veg, cranberry jelly, Christmas pud and clotted cream. Then Boxing Day, we'll drive home after lunch. The other years, my lovely in-laws do all cooking.
Next year, we've insisted on staying home for Christmas and the emotional blackmail/hurt looks have started already. I'd like to say basics might be the same, but we'll have quite a few 'extras' like pigs in blankets, stuffing, bread sauce, gravy, pud alternative, lots of cheese (love my cheese), but DH has already begged suggested booking a Christmas meal out somewhere, so he can actually enjoy himself without cooking. It is nice to be with the family at Christmas, but it will be lovely not to have to drive 3hrs+ each way and follow someone else's plan for the day (inc what to eat). I think we'll going to suggesting we have every 4th year at home.