Is depleted uranium really depleted?

If you're asking if depleted uranium (DU) is completely non-radioactive, the answer is no. Depleted uranium is an isotope of uranium (uranium 238). Typically the uranium needed in bombs is enriched uranium (uranium 235).

Currently, there are MANY lawsuits underway to sue and stop countries and companies from using DU.

Wikipedia has a good article on depleted uranium here http://en.wikipedia.org/wiki/Depleted_uranium

Here are some other articles listing the dangers of DU:

http://www.americanfreepress.net/html/depleted_ura...

http://www.justview.org/depleteduranium.html

http://toxic-torts.injuryboard.com/depleted-uraniu...

I'm sensing a large number of lawyers jumping on the DU bandwagon though since I suspect there's a lot of money to be made if reports of depleted uranium toxicity are verified.

Yes, but totally depleted uranium is known as Lead

Only partly -- it still has plenty of radioactivity left, just not enough to be economically useful in a power plant. But quite enough to make people very, very sick.