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It is not tacky to give cash, but it is considered tacky to ASK for cash. I would imagine a gift should be based on how close you are to the bride/groom and how comfortable you are with money. There is no way even for my Best Friend I would spend XYZ simply b/c that is what they spent on my plate. People should not feel obligated to buy expensive presents. The wedding celebration historically is not about milking your guests for all its worth. Especially people in their early to mid 20's should not feel obligated to spend $100 or more on a wedding present when they are making very little money. Most polite people realize this when registering and find things across many price levels.
Also, according to etiquette, guests have a year post-wedding to send their gift. Especially if the wedding was out of town and they incured additional costs to be able to attend. The couple must send out thank-you within two weeks of their WEDDING (not return from honeymoon) again according to good etiquette.
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