THQ and Volition have announce Saints Row Initiation Station, where players can create, share and download the most outlandish videogame characters ever seen, and then upload them as playable characters in the upcoming Saints Row: The Third, scheduled for release this holiday

Saints Row Initiation Station Features:

• 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.

As a special bonus, those who pre-order Volition’s upcoming destruction-fest Red Faction: Armageddon, from GAME will be granted exclusive early access to the Saints Row Initiation Station. Players will receive an early-access code prior to the release of Saints Row: The Third this holiday

The Saints Row Initiation Station will be available free on the Xbox 360, PlayStation 3 and Windows PC in advance of the release of Saints Row: The Third this holiday.