The possibility's are endless on the fun, and the money would be flowing in so why not have a G.E.C.K. for the consoles, more specificly the 360 in my case?

Because, it cant. Common sense prevails here. It's made for a PC.

It dosnt just have to be for PC. Those with massive hardrives on the 360 would aprreciate some software of this magnitude. It increases peoples want for this game years after release.
P.S. Common sense says to Bethesda "Money Money Money"

Fallout crashes 360's enough as it is, the GECK, would melt a xbox.

It would take a lot of work to even come close to making it workable for the 360 as its designed for the pc.

So imagine with all that work comes a great product.

A symbiotic relationship with a PC maybe possible. Create on PC,Tansfer to 360.

Bethesda didn't develop GECK only to PC to be extra nice to PC users. They developed GECK to easily develop the game, and they developed the game on the PC. All the graphics, sounds and so on were made using PCs, not consoles. Then they just released their tool for free, and have no intention of developing and spending money on a tool to the consoles they won't use. Just like how Photoshop or 3DS MAX aren't released for consoles either.

Not to mention the fact that GECK use noticeably more RAM than the game itself, and neither the 360 or the PS3 have enough RAM to use the editor.

Sorry, but GECK will never be available for the consoles. Just like how the editor for Morrowind and Oblivion never was released for consoles either. And with that we end this.