The Magnavox and Sylvania branded Funai NB500 Blu-ray players have been spotted at Walmart. A number of Walmarts apparently. The NB500 is a Profile 1.1 Blu-ray player and is priced at a fairly reasonable $298. It’s got HDMI version 1.3, HD audio codec’s, and DVD upscaling.

Yes, these are low end players, and already somehow outdated, but the price being what it is, it’s going to get it’s share of buyers. We’re not really sure what you can expect performance-wise, but if any of you brave souls should buy one, do let us know in comments.

You might have heard about the bizarre Guitar Hero lawsuit from Gibson against Activision. They’re claiming that Guitar Hero titles violate one of their patents. Now they have suddenly seemingly gone ballistic, suing everyone in site. Wal-Mart, Target, GameStop, Amazon, Toys ‘R’ Us and Kmart.

They want the game off the shelves. I guess they don’t like making money. Gibson says that it took “this action reluctantly, but is required to protect its intellectual property.” Retailers will only say “we aren’t commenting,”.