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No specs on this yet, but it seems some Wal-Mart customers are getting emails stating that they can now get Netflix accounts for the same price as the Wal-Mart DVD rental service.

Wal-Mart has teamed up with Netflix, the largest and most popular online DVD rental service. As a current Wal-Mart DVD Rentals member, you can cancel your account and sign up with Netflix today. You'll get all the Netflix benefits for the same low rate you now pay at Wal-Mart!

This either means that Wal-Mart has given up or that someone is phishing like a madman out there.

More info as we get it. (Thanks, Jeremy)

Update: Money says it's no joke. Netflix uber alles!

Wal-Mart, Netflix in DVD alliance [Money.CNN]

Breaking News: Netflix Takes Over Walmart DVD Rentals [HackingNetflix]