So let's see...
The new Hidden Hand is great. I would have liked Witchcraft a lot more had they not sung every line through that telephone voice box thingy.
The new Borknagar is the worst thing that could have happened to me in the last few months, because with it sinks all my interest in "prog black" metal because I just cannot listen to the latest Solefald or Arcturus albums anymore. With that said, the new Woods of Ypres stays pagan-esque enough for me to enjoy, and Enslaved's latest shows off their enormous talent but still dips a toe (or leg) into prog for the sake of being proggy.
Lamented Souls is good....for about 20 minutes. And then Simen's vocals become 'too much of a good thing'. The new Runemagick rules muchly.
Orphaned Land is outstanding. Hope to see that in many top 5 lists this year, it's more than worthy compared to what else we had on offer.
I don't normally delve into the Neurosis market, but I have to admit, the new Isis is phenomenal. The new Mastodon just annoys me - I should give it a few more spins just because EVERYONE seems to love it except me, but I really cannot muster the strength to put on what sounds like -core to me.
The new Jag Panzer is very, very cool - they've finally managed to write something memorable with a tune here or there. The new Angra is fantastic, but of course everyone slated it after hearing the Kai Hansen track that was leaked early, although I cannot deny I love that song too, heh. So sue me.
Morgion rules. Uaral rules. Into Eternity is great, but slipped down in ranking. They seem to have a short shelf life, and live performances don't do them any favors as was witnessed at ProgPower (shame though that they lost most of the band members 5 minutes before taking to the stage).
Drudkh is outstanding. Everyone should check out "Autumn Aurora". The new Graveland is really good too, and I haven't really liked anything from them since "Immortal Pride". It's scary just how good NS-related bands are becoming, and yet generally ignored for obvious reasons.
Mar de Grises is probably one of the best albums of the year. "The Tatterdemalion Express" is easily top 3 material for me.
Anything by Slough Feg is great, except they didn't release anything this year. They've already got a slot opening for my top 10 of 2005, along with Primordial, Summoning, Nokturnal Mortum, and obviously Hammers of Misfortune. Not sure if Blind Guardian have anything in the works...?