I've seen hackers in virtual person in TF2 on a Valve server. Permanent crits and a text spamming script. I've also seen infinite jumps and invulnerability in Metroid Prime Hunters, and modded weapons which crashed the game in the first Borderlands. Resident Evil 5 also has some glitches and hacks for infinite healing items and ridiculous weapons.
Wut bout you, Flood? What games and what hacks have you seen?
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Modern Warfare 2 on Xbox. I've seen quite a few of them on there. Move hacks, super jump, self-killing explosives, and unending matches are the most common thing that I've seen.