The LINQ Raytracer certainly tops my list =)
I'm not quite sure if qualifies as elegant but it is most certainly the coolest linq-expression I've ever seen!
Oh, and just to be extremely clear; I did not write it (Luke Hoban did)
与恶龙缠斗过久,自身亦成为恶龙;凝视深渊过久,深渊将回以凝视…