Wal-Mart announces the availability of the iPhone 3G. Starting today, stores “will sell the iPhone for only $2 less than the regular price with a two-year contract: $197 for the 8 GB model, or $297 for the 16GB model.”

The news confirms multiple reports about the impending sale. The report also confirms that rumors of a $99 Wal-Mart iPhone were incorrect.

[via Macrumors]