French Toast > Waffles > Pancakes
There is a place in Rehoboth called 
Royal Treat.  They open from 8am - 11:30am for breakfast, close then reopen at 1pm until close as an Ice Cream Parlor.  As a young lad, this is the first place I had french toast, and absolutely fell in love with it.  Powdered sugar, whipped butter and a little bit of syrup.  Then they offered to make it with Italian bread, and it was that much better.  At least once a summer, I head back for probably the best breakfast on the Eastern Shore.
Never been a big fan of pancakes, so I'll take waffles over pancakes.