WalMart is offering the new BlackBerry Bold for free with the sign up of a two-year contract with at least the 1350 minute talk plan and unlimited text messaging. The Plan, starts at $79.99 per month or more and is available through wireless carrier AT&T. The $199 mail-in rebate from LetsTalk.com. But is it worth it? If you’re on the “CrackBerry,” it may very well be.

The Bold has been eagerly awaited and looking at the specs, we can see why. It comes with a stunningly sharp and colorful color LCD screen which has twice the Resolution of other BlackBerry devices. The Bold also comes WiFi-Enabled for direct Internet Access. There’s also a built-in GPS Receiver for location-based applications like BlackBerry Maps , both Bluetooth and USB 2.0 connectivity, and a 2.0 Megapixel camera for Picture Messaging.

But the real benefit of the BlackBerry is what it’s always been – the text messaging and mobile email. That doesn’t change as it contains the hallmark BlackBerry keyboard as well. So for those who spend their life on the SMS, perhaps this WalMart offer is ideal. When you consider that the phone costs nearly $400 before subsidizing, it’s rather tempting to amortize that cost over the course of the contract. Especially for something so shiney!