It's one of my favorite vegetables, we eat it all the time. Toss it in olive oil and grill it. Stirfrys. Roasted.
My favorite thing, which I do at least twice a month, is pasta. I boil the water, chop the asparagus into about 1" chunks, then drop it in the boiling water for a minute or so just to soften a bit. In the meantime I slice all of the cloves in a whole BULB of garlic. I remove the asparagus from the water, then boil the pasta (usually penne). When the pasta is done, I dump it from the pot, then I put a goodly amount of oil in the same pot, then add the garlic and asparagus. I let that saute for several minutes, then add in a whole lot of crushed pepper, salt to taste, and then drop the penne in and heat it through. We absolutely love this dish, and I always make enough for leftovers, it reheats very well.