Jeff Clark reported it here earlier, but just in case anyone missed it, yes, the Spurs have indeed acquired my dream big man.
As per the AP report:
The San Antonio Spurs acquired veteran forward Kurt Thomas from the Seattle SuperSonics on Wednesday night for guard Brent Barry, center Francisco Elson and a 2009 first-round draft pick.
As would have been the case for the folks in green if they had ever had a conceivable shot at landing KT, the Spurs are about to take a quantum leap forward in their effectiveness at both ends of the floor.