This is one of the things which gets on my **** to be honest. People have such a misguided view of what trance is nowadays. Its such a crossover genre, with a lot of progressive, tech, electro based sounds being used.
Take the likes of Andy Duguid, Super8 & Tab, Myon & Shane54, Duderstadt, Cosmic Gate, Wippenberg, Kyau & Albert, Mat Zo, Andy Moor. All produce what I would categorically call 'Trance', but when you actually listen to their stuff, it's not your average 'hands in the air' trance. Their stuff tends to have more electro'y basslines or chuggy progressive ones, along with the plucky trance synths, techy stabs, and the nice breakdowns you'd come to expect from trance.
Then you've got your hard as nailz, full fire trance from the likes of Simon Patterson, John O'Callaghan (albeit he's gone a bit softer recently but his JOC stuff still rocks it big time), Sean Tyas, Neal Scarborough, Paul Webster, Bryan Kearney, Indecent Noise, Paul van Dyk. Which whilst being very banging and energetic, also carries the same melodic formula which made the trance of the 90's stand out.
And then you have you're really melodic stuff from the likes of Armin van Buuren, Gareth Emery, Daniel Kandi, Above & Beyond/Oceanlab, Ronny K, Oliver Smith etc, plus loads more which keep it really uplifting, vocal and generally very euphoric and melodic. This is the type of trance which in my opinion can be compared to the trance around back in the day!
I don't know if i'm just talking crap but I grew up listening to trance and hardcore from early 90's as my brother DJ'd it week in week out, and I must say I very much prefer what is being produced nowadays compared to yesteryear. It all sounds much more refined and diverse.
I was going to list some stand out trakcs, but there are so many to list i'd be here all day and we already have a mammoth trance thread in here with some beauts in there!!!