Yep, it's available...alas, the price isn't much discounted at least in the U.S. It's still $2 or $3 a pill.
It's called "Pravastatin Sodium"
BTW,
Zocor just went generic as Simvastatin but it's still over $100/month.
Look for these prices to fall as more makers get approval.
BTW, Don't hold me to this but I think TEVA is also the maker of the generic simvastatin.