No, there isn't walnut for 5cents a board foot, but they do have some fantastic deals that may be of interest. A friend of mine listened to me complain about the cost of formica ($48 a sheet at the local lowes) for my router table top and suggested I go to the ReStore and see what they had. I ended up walking out with 8 sheets for ~$21.50. Limited color choice (blue, brown, or white with black specs), but they had pallets of it that was in pristine shape. Oh, and the stuff was 4'x12', not the 4'x8' I am used to. The only problem was they didn't also have contact cement, so I had to buy a gallon of that at OSH for $22+tax.
The selection of stuff they have for woodworking isn't great, but they do have a lot of tile, windows, formica, and some moulding, all for ridiculously cheap prices. If you have one local check it out.
Standard disclaimer - no affiliation, etc.
Andrew