KLP...
I totally relate to not liking the cheesiness of v-day. Hence, I'm planning to go to an all-night v-day party at a club with my guy. Check around your area...there might be fun events at bars/clubs etc.
If that's not your thing, just do something you've been wanting to do. Ultimately v-day is just about being together, so do something that sounds cool, whether it be water sports, a day trip, etc
Good luck and have fun
~in_the_zone