I couldn't pick a fave, but among my faves are:
Find My Heaven: Great opener, I love the synth during the chorus (heck, the synth is great throughout the whole album!) Nice solo too.
Hold On To Love: Another retro-sounding song, powerful message, epic solo, just an all-around great track.
The Message: Probably the first sad song in the PQ albums (unless you count When I'm Gone), tragic story (wondering if it's true), beautiful guitar and piano, and incredible vocals.
Children Of The Dream: Yet another great track. I love the story to it, a nice solo and epic riffage between choruses and verses.
Strike Force: Very nice synth on this one, excellent solos, and I love how the drums change from 16ths to 12ths and back and forth during the keyboard solo.
Magic Never Dies: The title track, of course. Has an epic story with some great riffs.
The Longest Night: Only heard it a few times, but it has a very positive message and retro vocal effects... awesomeness!
Nominees are Galaxies Unknown and Another World.