I'd have to agree that Tool and Soundgarden are both incredible, recent bands and I think they will both live on for some time.
A few that I think are really great right now are Red Hot Chili Peppers, Nirvana, Incubus and The Roots. These all seem to be bands that will live on for a long time and continue to evolve (except Nirvana and Soundgarden as that's a bit impossible now).
Another group that seems like they'll have some serious staying power if they put another album continuing in the same direction is The Mars Volta.
By the way, has anyone picked up the new A Perfect Circle album yet?
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