The Jim White track is cool, as is one from The Walkmen. Arcade Fire's "Chestnuts Roasting" is hilarious.
In fact, they're all pretty good.
Belle and Sebastian's cover of the Peanut's tune is a nice compliment to the much more offbeat Califone version of "Welcome Christmas" ... originally sung by the Whos of Whoville. Remember them? One of the few up-tempo tracks, Zumpano's "The Mods of Christmastown" is excellent.