Recent Ambient/Electronica?

I second the Rhythm & Sound "w/ the Artists" disc. Very nice piece and also available on vinyl.

In a similar mould, you may want to check out Murcof or one of the recent Biosphere recordings. Although not quite ambient, I was rather impressed with the new Fennesz recording, 'Venice'. He could have easily ended up retreading the same ground, but instead expanded upon his chosen soundform quite nicely.

Zero One: "Prorotype 2" is an all-time classic.

I am big into electronica you can see a portion of my collection at http://www.discogs.com look up user deven8 that list is about two years ago.

I will agree with just about everything already mentioned. basic channel is goood stuff, I perfer sakura by yokota as well. I have all the gas and deadbeat release on cd really wonderful stuff worth a listen for sure. Can not wait for murcof's newest release, I wasn't to impressed with the latest biosphere though, did quite like venice by fennesz but perfer endless summer.
I will recommened the following four as recent things to give a listen.

artist: title: label

Deru: pushing air: neo quija
Aeroc: viscous solid: ghostly international
Claro Intelecto: neurofibro: AI
String theory: Radiovalerian: Wobblyhead

string therory is only released as a dual cd/album release which is pretty cool.
the rest if you do search for their labels or them you can find mp3 samples
Nice to see some supporters of this type of music on audiogon. Do a search for
Feeling musically adventurous? Boards of Canada
it was a good tread a while back on this type of music which synthfreek posted on as well.
enjoy

Mogwai

I heard Rock Action, on vinyl- pretty good.

Astralwerks has reissued some ENo, and I think it's available on import SACD

I'm also enjoying the new Japancakes album titled Waking Hours. A lot more piano on this go round. If you've never heard them I'd start with their album Belmondo. Superb stuff! The extra Warp records mix cd that comes with the Warp dvd is really tasty as well. The history of Warp in like 45 minutes. It must have bits and pieces from 120 tracks!