For me THE three bonafide contemporary Guitar Gods are:
1. Ron "Bumblefoot" Thal
2. Guthrie Govan
3. Mattias "IA" Eklundh
All of the above show epic amounts of skill, depth, taste, originality, innovation and versatility in both relevant dimensions; chops and composition. They leave the "competition" far behind on all levels of the game. The absence of mainstream recognition is only due to, the progressively less (solo) guitar driven, "Zeitgeist" in music.
-PEACE-