Here are some of mine in no particular order.
- Steven Wilson: I am putting this under one entry because listing all of his projects and why they all should be considered would put me past the character limit. From Porcupine Tree's evolution of a one-man psych-rock project to prog metal masters are a large reason for the progressive resurgence. His side projects with Aviv Geffen (Blackfield), to No-Man, to his solo material, and even the krautrock influenced project "Storm Corrosion" with Opeth's Mikael Akerfeldt serves to show how diverse and how wide prog-rock can be. His two most recent solo efforts (2011's "Grace for Drowning" and this year's "The Raven that Refused to Sing") are records that could and should be held up with the 70's masterpieces from Yes or Genesis..
- Opeth: What do you get when you combine intense death and black metal with well written and preformed progressive grace? You get Opeth.. In under a minute you can transition from heavy double bass blasts to mellotron laced beauty. Most people who click this thread are probably familiar with this band...
- Astra: If you were to put on an album by this band you would swear it was recorded in the 70s, with the essence of Yes and King Crimson influence in their music, but in reality their two albums "The Weirding" and "The Black Chord" were released in 2009, and 2012 respectively.
- Mostly Autumn: it's hard to get records by this band in the US and they don't have a US label, but the import cost is worth it. A mix of psychedelic/prog/ and Celtic Folk give this band a very beautiful edge. Very Pink Floyd influenced guitarist Bryan Josh channels David Gilmour at times accompanied by his vocals as well as with those by Heather Findlay, and later Olivia Spearman. It is a crime that this band is all but unknown outside of the U.K
- Anglagard had a pretty great album in the early 90s and they've got a new one out this year, though I haven't yet listened to it. As far as instrumental prog goes, they're quite good.
- Comus, the world's weirdest folk/prog band had a comeback album last year after like forty years of silence. Their singer's voice changed quite a bit, but they still sound like pagan rituals and I'm not sure if their violin melodies and weird background female vocals disturb me or make me want to dance. It's not quite First Utterance but either way I love it. Such a twisted and strange band.
- Dream Theater: The Obvious choice, though they began in the late 80s, it was in the Mid-90s with the "Images and Words" album that could be cited as not only the reason for their popularity, and subsequent success over their 25 years of recording, but the band's success is partly responsible for the revival of progressive rock in the first place....
- Transatlantic: A modern day ELP is a good moniker for this band, as that band in truth was THE progressive supergroup of the 70s, Transatlantic is that for modern prog. Ex-Dream Theater's Mike Portnoy, Ex-Spock's Beard's Neal Morse, Marrilions Pete Trewavas, and Flower King's Roine Stolt eximplfy everything about Prog excess... Their last tour consisted of a 7-8 song setlist that lasted 3 hours... If that gives you any idea.
Those are the few I wanted to detail, but there are many, many more bands to love out there: Anathema, Beardfish, Between the Buried and Me, Flower Kings, Maudlin Of The Well, Legend, Mastodon, Pain of Salvation, Spock's Beard, Structures, Twelve Foot Ninja, Riverside, Karnivool, 3, Coheed and Cambria, Pineapple Thief, The Tangent.