Yep. The rumors are actually true. There will be "Turbo" versions of Delphi, Delphi for .NET, C++, and C#. You can read some information here about it:
Yes, there will be free versions of the Turbo's. They're the Explorer editions. Go to turboexplorer.com to get information and news about the availability of these editions, along with tutorials, games and contests.