It's been reported by RadioIntel that Radio Shack is selling a $50 radio, big and sturdy like the twice as costly Grundig/Eton S350 but is digital with memory presets. Here's the Radio Shack link to the new, possibly greatest for-the-price radio the Radio Shack 12-150. Also called the "Extreme-Range" radio, the 120-50 is reviewed in great detail by an eham reviewer.
Update: 11-17-06: Customer Reviews on the Radio Shack website are not promising: Customers complain of quality control problems, less than stellar reception, cheap qaulity. I don't think I'll be buying the so-called "Extreme-Range." I'll save my money and fork out 160 dollars for the Eton Sound 100, which should be available soon. Or for a radio that has the same lunch pail shape of the "Extreme-Range," I'd get the real king, the Kaito KA2100, a rebadged Redsun, which radio lovers agree is the best of its kind.