THQ and Volition announce plans for the Saints Row Initiation Station, a character creator for Saints Row: The Third, the upcoming open-world action sequel. This will be made available before the release of the Saints Row sequel to customers who preorder Red Faction: Armageddon (they specify a U.K. e-tailer, but presumably this will be the case in other territories). Here's a bit on what this will offer:

• Play as your favorite train wreck celebrity-turned reality TV star, take aim as your least favorite overpaid prima donna professional athlete, or don a cape as Steelport’s newest superhero (or villain).
• Save your master creations and share them with friends. Download other characters for your own use, or tweak them just the way you like.
• Collaborate with a friend to create your own dynamic duo for co-op play. Cowboy and Indian? Dominatrix and sex slave? Tag-team wrestling partners with sordid pasts? Your twisted imagination is the limit.