Just used my $25 gift card today... nearly all the books on my wishlist were either unavailable at my local Borders (with a 4 week order wait), or they were significantly more expensive than Amazon ($9+). So I just went to the store and browsed until I found something. Then I had to wait for 20 minutes in line because there was only one cashier. Then I was accosted on the way out and had my (very small) purse checked for theft. (Did I really look that shady, Mr. Rent-a-Cop?) So long, Borders, and thanks for not much!
Here's an explanation of the lead-up to the probable bankruptcy.