1) Be sure to read the book. As I said, this holds a special place in my heart. It may not be as "perfect" as say Emma, Pride and Prejudice, or Persuasion, but it is still a must read for all lovers of classic lit (not just JA fans). See my full review here.
2) Watch an adaptation. My favorite is the 1995 version starring Emma Thompson and Kate Winslet. A must-watch Austen adaptation. You should also check out the 2008 Masterpiece version starring Hattie Morahan and Charity Wakefield. Not necessarily the best, but it does compliment the '95 version pretty well.
3) If you are into reading challenges, you can join "The Sense and Sensibility Bicentennial Challenge" over at Austenprose. She's giving away some great prizes, so sign up if you're up to a year devoted to Austen.
4) Be sure to share your favorite S&S moments and memories here. Got a favorite quote? A favorite character? A favorite scene? Let us know.
Here's a portion of my favorite scene in the whole story...Happy Birthday S&S!!
"Elinor could sit still no longer. She almost ran out of the room, and as soon as the door was closed, burst into tears of joy, which at first she thought would never cease."