This rumor is just the teensiest bit crazy. It wouldn't even be worthy of a post if it weren't for the hard evidence backing it up. Android and Me came upon a page at the Wal-Mart Wireless site advertising the imminent availability of the Nexus One. Apparently, Google won't be the only retailer of this phone for long.
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That in and of itself isn't crazy, but the Nexus One's entry on the Wal-Mart page states that the phone supports 1xEvDO and UMTS/HSDPA 850/1900. If true, Wal-Mart's Nexus One will work on Sprint, T-Mobile, AT&T and Verizon. Data entry error, or portent of things to come?
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Another rumor from Phone Inferno states that Wal-Mart will be selling the phone for just $99 with a 2-year contract. There is no corroborating evidence to back this one up, so I'd take it with a big grain of salt until we see the price tags.