Yes, the figure has been available for several weeks via online retailers and is hitting along with the third wave of scout class figures.
Yeah, Insecticon is a part of the second wave of yellow packaging Scouts along with Breacher. He's kinda cool with all those little stabby arms, isn't he?
There was also the Energon Insecticon release, which is what's now called the Scout Class price point.
yup, congrats on your find, but hes been out a few weeks... i got a nother sat...must be a variant or something wink wink