Abbreviated version
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Easily Super Mario Galaxy.
Drawn-out version
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It's been a really good year for video games, with one game really standing out from everything else this year and pretty much this entire console generation: Super Mario Galaxy. I think it's one game that everybody needs to at least try, if not buy a Wii for (if you can find one!).
My non-SMG-GotY is The Orange Box (PC) because it's such a great value, and all the included games are very good (except for Peggle, but I guess that doesn't really count). Everybody knows how awesome Portal and TF2 are, but I'd like to mention Episode 2 as well, which I thought was friggin' awesome. Episode 3 can't come soon enough.
Other notable releases this year:
- Persona 3 (most original JRPG in a while)
- MLB Power Pros (best baseball game I've ever played)
- Zack & Wiki (really original and overlooked game)
- Metroid Prime 3 (awesome controls)
- Uncharted (not groundbreaking, but a very, very good game nonetheless)
- Ratchet and Clank (looks like a Pixar film at times, and has the gameplay to back up the visuals)
- Heavenly Sword (really enjoyable game for me... the production values are amazing)
- Halo 3 (multi) (started playing this at the dorm... feel free to add me so I can stop playing with random people online >_>)
- Mass Effect (waiting for copy in the mail, but played briefly at friend's place... looks to be better than the excellent Jade Empire)
I can't recall most of the portable stuff I've played this year right now, but Phantom Hourglass is definitely up there for top portable games of the year. I really need to snag a PSP sometime for FFT as well.