LIMO: I would wait till the end of the year and then take just enough gains to just stay in whatever bracket you want (0, 10, 15%).

My question for the board is: Is now (2008,9,10) a good time to be converting Regular IRA's to Roth IRA's ...taking advantage of the low tax rates? (The market being down also helps in this regard right now.) Has anyone done this who can describe their decision process and how they went about doing it?