Awesome!!

http://us.megabus.com/Megabus%20expa...%20cities.aspx

(May 31, 2012) – Megabus.com, the first city-to-city, express bus company with fares from $1, announced today its expansion to Texas and the southern United States. Dallas, TX; Houston, TX; and San Antonio, TX residents can now travel to five cities: Austin, TX; Norman, Okla.; Memphis, Tenn.; Little Rock, Ark.; and New Orleans, La., for as low as $1.

Service will begin June 19, and customers can begin booking travel today at www.megabus.com.

Fares always start as low as $1 and get higher as the traveling date gets closer. Customers are encouraged to book early to secure $1 fares.

"Megabus.com has rapidly become the travel option of choice for millions of people and today we’re excited to bring our unique travel option to Texas and the southern United States,” said Dale Moser, president and COO of megabus.com. “As Americans continue to look for ways to stretch their income, we look forward to providing safe, convenient and affordable travel to the millions of residents in the South.”

During the first week of sales all tickets will be no more than $1 - including 10,000 free seats. Megabus.com will also provide additional $1 fares during the following weeks. The free and $1 seats will be available on megabus.com for departures to and from Dallas and the expansion cities (subject to availability on select dates, routes).
For now, it looks like service to Dallas only, but its a perfect option for day-trippers.

I got to ride Megabus last fall between Philly and NYC. $25 roundtrip, can't beat that. The tolls between Philly and Manhattan are $30 alone. Very comfortable ride, nothing like Greyhound. The pickup will be at Lloyd Noble and drops off at Elm and Olive in Downtown Dallas, which is 3 blocks from the Pearl Street DART station. I think this will be very successful!