My favorite recent albums:

Max Tundra - Parallax Error Beheads You
Dan Deacon - Bromst
Clark - Turning Dragon
Kettel - Through Friendly Waters (2005) recent-ish

Classic and Deserving Mention:
Ulrich Schnauss - A Strangely Isolated Place
Arovane - Atol Scrap; Lilies; etc.
Daedelus - Of Snowdonia

Now that I think of it, there are way too many.