The two that impressed me the most both come from the same regiem of sorts.
My 2nd runner up is Throbing Gristle - Part Two: The Endless Not

All this really is at the end of the day is an alternate psychic TV album. Throbbing Gristle as we knew it in the 70's/80's is long dead and this is nothing more than a GPO $$ conquest. Still its pretty fucking good and I personally like PTV IV with Chris and Cosey in the mix.
My fav and most replayed new album of 2007 is the new PTV3 album -

ITs an awesome blend of new UK'esque radio pop sounding tracks mixed with some old live show favorites from the 80's and 90's.
This album also marks as a memory of the worst live show disappointment of 2007.
Normally id say my two favorite live acts are The Beasty Boys and Psychic TV. When I got the new album and heard the old live show favorites reproduced as studio cuts I was sooo fucking psyched to go see the new tour with the new PTV3 lineup.....and then all that drama happened where GPO's wife died and they cancelled the tour.
Such a fucking letdown especially since the album poised it to be the best tour of the decade.