XNA: Skeletal Bone Animation & Skinning with Collada models article
Feb 26 2007
Benjamin Nitschke has posted a fantastic XNA tutorial about skeletal bone animation and skinning using Collada models, which allow for complex animations exported as XML that DirectX .X files can't handle.
As I haven't read all yet (it's quite large :), I'll leave you with the video showcasing what the demo does:
BTW, Jad Engine 1.1 (which is going to be released in few days) it's going to not only support Collada files, but use them as primary models. Here you can see other new features it has.