My 10 favourite albums:

Timeless Flight - Steve H & Cockney Rebel
The Psychomodo - Cockney Rebel
Sticky Fingers - Rolling Stones
Pink Moon - Nick Drake
Permanent Waves - Rush
Quark Strangeness & Charm - Hawkwind
P.X.R.5 - Hawkwind
25 Years On - Hawklords
August & Everything After - Counting Crows
Back In Black - AC/DC

This going to be so tough, but here goes (in no particular order).

Timeless Flight - SH & CR
Live & Dangerous - Thin Lizzy
Let It Bleed - The Rolling Stones
Call Me - Al Green
Hunky Dory - David Bowie
August & Everything After - Counting Crows
Dark Side Of The Moon - Pink Floyd
Fire & Water - Free
Ooh La La - Faces
Billion Dollar Babies - Alice Cooper

Loves A Primadonna
Aint It Funny - Anthony Newley
The Stranger - Billy Joel
A New World Record - Electric Light Orchestra
Tales Of Mystery and Imagination - Alan Parsons Project
Back And Forth - Lindisfarne
Songs In The key Of Life - Stevie Wonder
Score- Duncan Mackay
The Original Soundtrack - 10cc
One For THe Road - Ronnie Lane

David Bowie - Low
David Sylvian - Gone To Earth
JAPAN - Quiet Life
Nick Drake - Bryter Layter
Simple Minds - New Gold Dream
Steve Harley & Cockney Rebel (any of the first 4 )
Bob Dylan - Blonde On Blonde
Scott Walker - Scott 4 or Tilt
Elvis Presley - The 69 Memphis Anthology
U2 - The Unforgettable Fire

Psycomodo - Cockney Rebel (1st LP I bought)
Sgt Peppers - Beatles
Snakes and Arrows - Rush
Brilliant - Ultravox (new release and worth listening to)
No Mean City - Nazareth
Revenge of the Goldfish - Inspiral Carpets
Black Holes and Revelations - Muse
Hopes and Fears - Keane
Sabotage - Black Sabbath
Country Life - Roxy Music

Hmmm, leaving out loads, Carole King, Peter Allen, B52s, Prodigy, Garbage, Yazoo and so on.... let's have a go

The Candidate: (well, I'm playing it at the moment)
Love: The Cult.
Appetite For Destruction: Guns N'Roses.
Children: The Mission.
Full Moon Fever: Tom Petty.
Metro: Metro.
The Wild Places: Duncan Browne.
All Of This And Nothing: The Psychedelic Furs. (Comp.)
Aladdin Sane: David Bowie.
In Your Mind: Bryan Ferry.

I'm sure I've forgotten some. But there would always be Harley, Bowie, Ferry, Cult/Mission and Metro/Duncan Browne in there.

Cheers for the question/thread - good excuse put my paperwork to one side and ferret through the CD collection.