In the vein of albums not yet noted, I'll nominate Bob Mould, specifically in his Sugar incarnation and the _Copper Blue_ album. Turn it up loud and be overwhelmed and awed at what can come from a single guitar.
Although its probably showing my age, I'll also throw Adrian Belew's _Big Electric Cat_ out there. He used to play with Laurie Anderson, if I recall correctly, and maybe did a stint with Genesis?
I recently picked up a couple by Johnny A on the recommendation of some A'goners in another thread. Sort of deceptively simple sounding blues, rock and jazz tinged in places. In other words, he's good enough to make it sound easy... has great tone and note placement, it all sounds pretty right to me. The recordings are quite well executed as well.