I just finished Assassin's Creed 2, which was great and now I'm burning through my backlog.
I'm playing Folklore for the PS3, I'm a few hour's in and I just don't get how they game didn't catch on. It's probably the most beautiful looking gaming released this generation, it's storey is mysterious and creepy and the action/JRPG elements make the game really fun. It's 3 year's old and I think it's still much better than a lot of games released in the last year.
I'm also playing The Saboteur, it's better than Grand Theft Auto 4 so far, which makes it sad that it'll never get the recognition that it deserves.
Bet with Conegamer and AussieGecko that the PS3 will have more exclusives in 2011 than the Wii or 360... or something.