Went with my co-worker...I didn't get anything but she got a Calvin Klein black wool/cashmere coat that was orig. 400 for about 135 (marked 169 or so, then add'l 20% off with macy's card). So there are some pretty good deals (mostly on clothes, i think).
i went yesterday when it was their 'preview day' (which is pretty much the same as the actual sale day), and got a couple of sweaters for the winter. they were marked down from about $50-$60 to $10-$25, so pretty good compared to their other 'one day sales'