Is anyone getting "unable to process purchases at this time" messages?

For almost a week now i've not been able to buy anything on itunes, including the ipod touch upgrade and it's incredibly frustrating. Every time i try to buy something it says
"The iTunes store is unable to process purchases at this time. Payment processing is temporarily unavailable. You may continue to browse the store. Please try to make your purchase later."
Can anyone help? Can i fix it myself or is it a problem at Apple's end?

I'm getting rather narked at the term 'temporarily' in the error messages since it's been the case since 5pm on Tuesday..
Phoned the AppleCare helpline on Wednesday, they suggested deleting iTunes from my machine then reinstalling, which I'm extremely loath to do..
Took laptop into Apple Store in Glasgow, they couldn't suggest anything other than very heavy traffic on the server from people downloading the iTouch and iPhone upgrades. I guess patience is a virtue, but it would be at the very least polite of Apple to flag up the heavy traffic so customers don't waste time thinking the problem is with their own devices..
Grr..

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