It could be accessed by pressing the Silver/Green button in the middle of the controller on Xbox. I Don't have a PS3 but a combination of button presses could be used in either case.
I honestly think it would fix most of the problems, almost ANY glitch could be fixed/avoided.
Example: Item fell through the world? Spawn it at your feet and set the quest forward a stage or two.
As a side benefit, it would probably stop people from using third party software to mod their saves and/or entrusting the task to people on the internet.
Biggest reason for posting this? Just bought Hearthfire and DawnGuard, and only AFTER finding a glitch do I learn of all the wonderful easy solutions on the PC only, leaving the consoles to wait a few months for a patch...
And it's not just the Plug-ins either!
A few other quests also have these kinds of issues (Those easily fixed by a command prompt code) exist as well.
Yes it could be difficult and annoying to enter the code using the digital keyboard, but waiting a few months for a fix is FAR more so in my opinion.
Alright, here's hoping this doesn't rustle too many feathers... so to speak.