The Pillar New Testament Commentary Series is second to none. Each volume in this series is both exegetically sound and devotionally engaging. These two characteristics are hard to find in a commentary. You usally either get a good scholar who doesn't seem to love the truth he is writing about. Or, you get a bunch of application without solid theological truth undergirding it.
The only downside to the Pillar series is that it only covers part of the NT. They are slowly introducing new volumes as the years go by. Thus, I rejoice when I hear of a new volume being published.
Soon, the volume on Colossians and Philemon will be available. It is written by Douglas Moo (who also wrote the volume on James).