Martin's A Song of Ice and Fire series has been credited with ushering in a new subgenre of fantasy, filled with gritty political intrigue and brutal violence. Rowling created a revival of the sophisticated children's fantasy, with smacks of Peter Pan's darker undercurrents and Lewis Carroll's penchant for riddles. Terry Pratchett is the ultimate fantasy humorist; his books have a staggeringly high laugh-per-paragraph ratio. Fantasy is clearly diversifying at an amazing rate, moulded by the individual talents of emerging writers eager to invent new worlds. It's anyone's guess where the genre is going next, but that's what makes it so fun.
What do you think the incarnation of fantasy literature will look like? Do you have a fantasy story of your own in the works right now?