Red Hot Chili Peppers, Muse, Queens of the Stone Age, The Bravery, Spoon, Rilo Kiley, The National, Interpol, Modest Mouse, Arcade Fire, Shiny Toy Guns, Foo Fighters...
The real problem is that ClearChannel has dominated FM and sapped all of the good content out, replacing it with the McNuggets and more advertising. Solution: get XM radio. Worth every cent.
Abbey Road - The Beatles
Led Zeppelin - Led Zeppelin
Led Zeppelin II - Led Zeppelin
Let It Bleed - The Rolling Stones
Live/Dead - Grateful Dead
At San Quentin - Johnny Cash
Ummagumma - Pink Floyd
The Velvet Underground - The Velvet Underground
Yellow Submarine - The Beatles
Yes - Yes (debut)
As time goes on, cherry-picking the list of amazing albums becomes easier, since you judge not just the music, but those albums' influence on all the acts of the next 30 years.
That said, 1969 surely was a watershed year for rock music, and there are few years that can compare.
Just because a band isn't the Beatles or the Stones doesn't mean that they're not any good. I used to think that modern music was horrendous, but I've recently discovered that it's just FM radio. Once you get past the Britney Spears and Timbaland Top 20, things start looking up.
Name some. I'm always willing to listen to new acts.