There I said it. Sure, it would be a simplified compared to the real Creation Kit, but we still want it. We want to be able to create our own islands with villages and dungeons, and then sail to them from port cities.
And before you say it can't be done, IT CAN! If Ubisoft Montreal can include and AMAZING map editor on consoles (Far Cry 2), then so can Bethesda. If you think Bethesda couldn't do it then you're calling them incompetent.
Have a look at the type of tool I'm talking about:
http://www.youtube.com/watch?v=C8qa-naczjg