XNA Game Studio Express Released! Monday, December 11 2006
And with this release comes the XNA Creator's Club - or the ability to share the code/games/applications you write with other subscribers of the club. You can find more details at Letskilldave.com.
Note that the Creator's Club is just the crawl step of user-generated content sharing. The team knows there's plenty that can be done to streamline the experience, so fear not - plenty more goodness coming in time.

I notice that the "XNA Club" carries with it a fairly steep price tag. If there any way Joe Public can preview the tools that would be available or the type of resources that would be present if they forked up the cash?
Case in point: I have a co-worker who is infinately more talented than I am at artistic works, and is creative and motivated enough to create a flash-based game to supplement his ongoing online webcomic. Would somebody like him be able to find resources inside of these mythical XNA kits to make a simple PC KB/M game into a console mega-hit on XBLA?
Further, as an addendum to other posts, I for one appreciate your ability to consistently "keep it real" and "tell it like it is." You haven't really been sugar-coating anything and your viewpoints are appreciated.