Another confirmation of this most excellent deal. $30 + tax will get you the full version (both x86 and x64) of Windows 7 Professional. You need a valid .edu email address but that's it. I didn't just ask if that was all you needed, I specifically asked if you have to be a currently enrolled student. I was placed on hold and then told that you do not need to be currently enrolled.
If you want it shipped, the options available are: 7-10 business days - $4.99, 2nd day - $9.99, next day - $16.99.
To anyone who does not have a .edu address and is a college graduate: If this deal is important to you, check with your alma mater. VT alumni get to keep their VT email addresses, they just have to sign up for it upon graduation (or after).
EDIT - Buffheman got in there before I hit submit. I had that same concern, which is why I asked directly. If it comes back to me, I have the name of the person that told me that to back me up. He didn't fire it off out of laziness either, he went and asked. I was on hold for a good bit while he did so.
Darnit...Newegg already charged for my HP pre-order. Oh well...still can't beat this deal.