Nikon prepping a new entry level DSLR, the D5000?

According to the rumor, the D5000 will take over the role as Nikon’s entry level DSLR. Details aren’t exactly plentiful, but it sounds like it would be on par with the D90′s image quality, lack a AF motor like the D40/D60 and have more than three AF points. Sounds possible, right? It basically would be a stripped down D90 which would hopefully come to market around the $600 mark. More as we get it.