Skyrim creation kit

Most of you either own, or have heard of Skyrim. What you may not know is that there has been alot of hype in the modding community about the Skyrim creation kit. Basically it lets you design your own skyrim levels, characters, stories, and whatever else your heart desires.
So if you are into Modding, or game creation this looks like the kit for you, the release is set for Feb 7.
Check out a short IGN video about it here:
https://www.youtube.com/watch?feature=player_embedded&v=0Aqg0oFYuig