If waking up in the wee hours of the morning isn't your thing, Saturn is now rising in the east at a reasonable time. Saturn rises at my observation spot in Northeast Ohio a little before 11 PM, as of mid-December 2007. Saturn's opposition will be on February 24th, 2008. Opposition is where the Earth is directly between the planet and the sun. Therefore, the planet will rise at sunset, and set at sunrise. At midnight it will be perfectly poised for observation. Opposition is also the time of its orbit when it will have the largest apparent size, and thus will give much greater views.
How to find Saturn
Saturn will be in Leo this time of year, and should reach reasonable altitudes (a little less than 30 degrees altitude) at times around 1:30 AM.
Saturn is currently about magnitude 1. This is a little dimmer than normal, as we are viewing its rings close to edge-on. The closer the rings are to edge-on, the less light is relfected back to us. And although this will hide Saturn's beautiful rings from us, it may make it easier to see greater detail in the planet's disc.