You guys, I've just started writing 2007 on my checks and now they're doing best book round-ups. Dang it.
Anyway, here's another one from the New York Times, this time of the Best Illustrated Children's Books. Notice that canny wording? That's so they can slip in stuff like The Invention of Hugo Cabret, Peter Sis's The Wall, and Shaun Tan's The Arrival. Good choices all, just not the preschool-oriented fare that the words "picture book" imply.
And as Fuse #8 noted, they messed up a little by including my favorite-ever Not a Box by Antoinette Portis, which was actually published 2006. I'm not going to say anything though, because the more publicity for one of my favorite bunnies, the better.
ETA: I don't know how they did it last year, but kudos to the NYT for taking advantage of a slideshow format and showing us the marvy illustrations that are the reason these books are on the list in the first place.