Yes, The Guild is back with another Christmas special this year, and this time it's a retelling of "The Night Before Christmas" with a decidedly MMO spin. St. Nick is a level 90 rare spawn, apparently, and the guidies have to be careful -- not only does he have a few mean adds (including a reindeer with a Shiny Nose buff), but he's got more than one phase to get through, too.
Very cute. The video should be on Xbox Live and the Zune marketplace as usual, and we should be very close to having the rest of the guild's episodes sitting right on The Guild's site as well, so stay tuned for that. Maybe next year we'll be able to see some of St. Nick's dropped loot tables.