Definitely my favorite music discovery for 2006 (though the album came out in 2005) was “War of the Wakening Phantoms” by Montreal indie group the High Dials.  I often listen to new finds somewhat obsessively for a while and then burn out on their sound and can’t enjoy them as much any more.  This album’s kept me going back for more.  The band has a great energy, with primary focus well balanced between guitar, drums and vocals.  I’m not sure what their lyrics are really about, but they’re really good.