Just finished the Barrow, by Mark Smylie of Artesia fame, and am onto Glen Cook's latest, Working God's Mischief. I'd suggest anyone who's a fan of fantasy check out Glen Cook's well known Black Company books, and lesser well known Dread Empire series.
Fantasy I don't usually read, however, as I'm not a fan of the modern trend of it. That said, in addition to Smylie and Cook, I've recently found the works of KJ Parker to be really worth reading. It's more alternate history than anything, there's no magic or gods or what have you, just people from different cultures and backgrounds. Parker's Engineer trilogy is probably a great place to start.
I normally read horror, but I've caught up on all that. Everyone knows the big names, King and so forth. At the risk of sounding like a hipster, I'd suggest you check out some others. Thomas Ligotti is the king of modern day horror, and Laird Barron a protege with his own angle on things. For porny splatterpunk, you can't go wrong with Edward Lee, and Bryan Smith puts a more visceral, gritty action-movie feel to his stuff. Tim Curran does surprisingly good knockoffs of the concepts of other writers (I don't know why). Charlee Jacob, who may be dead, is absolutely fantastic, and I'd recommend it to anyone who wants to read some true dark fantasy with deep moods and dark dreams. Richard Laymon, who I know is dead, is also a fantastic writer, and I'd suggest anyone interested in his work (or vampire stories) check out the Travelling Vampire Show, probably the best vampire novel of the past twenty years.