I said in the Twilight thread I was going to do this, so here it is. I know threads of this sort have been made before, but they've always faded away, so I hope this one sticks.
Basically, you can discuss anything about literature here, whether it be your favorite author, books you're currently reading or have read, books you want to read, or asking other forum-goers for recommendations.
Although I haven't read much of his work in a while, J.R.R. Tolkien is still my favorite author. Besides The Lord of the Rings, he created an immense mythology around Middle-earth which is quite enjoyable.
Currently, I'm reading a collection of short stories by H.P. Lovecraft, and once I finish those, I'll probably start The Color of Magic by Terry Pratchett.