XNA Game Studio Express

Microsoft announced today the availabilite at the end of the month of XNA Studio Express. This development suite, costing $100 a year, will allow anyone with a bit of programming knowledge to create his own games for PC and for Xbox 360. The Xbox Live distribution system isn't really well known yet, but I think we can count on Microsoft to really push this content. In the news you'll find images from demos done with XNA Express and/or with the Torque Engine it's shipped with.
Update : One small but important information. The development environment itself seems to be free, the $99 a year subscription would only be necessary to be able to use the compiled code on the 360.

Microsoft demonstrated an updated version of the now famous XNA crash video at last night's conference. Very impressive !