The rumors of the iPhone 3G coming to Wal-mart can finally be laid to rest. Previous reports are now being confirmed with official word from Wal-Mart this morning that the evil empire will begin selling Apple’s iPhone 3G.

The rumored 4GB model will not be making a comeback and the deep discount we were all hoping for will only amount to $2. The 8GB will carry a $197 price tag while the 16GB will go for $297. That is all.