To back up my statement, here are some of the awesome figures that have been released this year from the various lines. Apologies for the random size of the pictures...
Generations - a real fan service this year, and some cracking looking figures yet to come! My faves this year:
Drift

WFC Megatron

WFC Soundwave

Darkmount


I'm not forgetting Transformers Animated either. I loved the show and the figures were very faithful. The line is all but dead, yet this year we got these 3 gems:
Arcee


Blackout

Rodimus

Powercore Combiners are crap. Really crap. However, one figure is pretty awesome.
Smolder

Whilst not official, I think FansProject deserve a mention for their awesome custome figures:
Defender


Munitioner

Explorer

and the glory of the combined mode

The biggest surprise for me has been Hunt for The Decepticons. I don't normally touch the movie-verse but there are some fantastic figures in the line that wouldn't look out of place in Generations:
Seaspray


Bludgeon

Hailstorm

Breacher

Hubcap

Tomahawk

Terradive

Lockdown

And to top it all off, we have the next Masterpiece figure to come.
Rodimus Prime



For me, the only disappointing line has been Encore, and the sad lack of reissues. Saying that, we are just about to get Predaking! Dying for Dinobots reissues though.
What have been your favourite figures released this year?