Yep, you've read right!!

The formerly 600$ Software is free available to all who register at Caligari's Website.    

TrueSpace by Caligari

Either click on the Bird in upper left corner who says 'Free at last' and then on Download now or click on the truespace link in the first column which directly prompts you to registration/login

You'll get the software, the manual and the video courses free. Meg size is 130, 51, 132 for the 3 files.

Happy Downloading!!!  

I already went and downloaded it and am working with making models as we type.
Thanks for the heads up Posfan.  

Thank you posfan ... Going to PLUNDER

Thanks for the link!              

Wonderful, however this product has no offline renderer
and if want to save any animations..etc
you need to Buy "Vray" for 300 dollars.
The software has a few bugs to boot..and may crash without warning.