Does anyone feel like I do about "thank you"?

I think thank you is used way too much. It seems like people use it for letting them breathe around you or for other minor things like asking a question, handing them something from the printer within arms reach or moving because they need to get to something. It totally downplays the value for when you really need to thank someone for something like a thoughtful gift or doing a favor and I'm just sick of hearing it, anyone else feel like this?