Update For iPod Touch Problem

Made an iTunes account, put in some money using a pre-paid card's redeem code, then clicked on the buy now link on the update page for my Touch. I had to sign in for some reason (I was already signed in) so I did. It went through and another thing came up about billing information. When I created my account, I put $15 into it, and it said on the top right corner that that is how much is in my account. So I went into the billing information and, since I already had $15 in my account, I clicked done. It all closed up at directed me back to the iTunes Store main page and the update was not downloading and I still had $15 in my account. I don't know if I am missing something important because I am a complete noob to this, but some help would be greatly appreciated.
PS. I also posted this in the iTunes section of these forums, so if it is not supposed to be here, sorry.
Thank you.

Thank you.
Your update is being downloaded. This download may take 30 minutes or more on a typical broadband connection.
Once the download is complete.
Do not disconnect the iPod touch until the update is complete
AND NOTHING MORE...

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