Is it possible to make a Creation Kit for a console like Xbox 360 or PS3, because console gamers seemed to get screwed every game when it comes to this.
They could even make money off of a construction kit, selling it in LIVE marketplace, for alot of ms points. I'm sure plenty of people would pay for it, no matter the cost.

Doesn't matter if they want it or not, consoles lack the system resources to run the geck and any of the associated support programs that contribute to modding on the pc. It's a total non-starter.

It is not going to happen - sorry.