Your account information has changed.  Go to the iTunes Store on your...

iPhone 3G
Yesterday, I purchased a $0.99 application without issue and installed it. It works fine. Today I am attempting to install a free application from the iTunes store and after I am bounced to the home screen and the new application icon is displayed (beginning to download) I get a prompt "Your account information has changed. Go to the iTunes Store on your computer and update your Billing Info."
I went to the iTunes store at www.apple.com and logged in. I updated all of my billing information including re-entering my credit card number and whatnot. Everything seemed to be up to date already, and it accepted the changes without issue.
I re-attempted to download the app (along with others) and I get the same message.
I go to myinfo.apple.com and go through the "wizard" and all of the information is correct and I saved it to make extra sure. I go back to download, and same error message.
I'm not sure what else I can do at this point. I can't download/install apps, and my billing info on iTunes Store is up to date and correct!
Anyone have any ideas?

All of the sudden I can no longer make purchase on my iPhone either, and I get the same EXTREMELY frustrating billing info has changed message. I have done everything that I can find on every forum:
1) Updated my already correct billing info and saved it
2) Updated my already correct addresses/contact info on my apple info page on the web
3) Logged in and logged out of itunes
4) Deauthorized and reauthorized my computer
5) Soft reset of iphone
6) Synced my iphone with my macbook
7) Made a new purchase on my computer and agreed to the new terms of service
8) Yelled at my iphone (this one is very satisfying)
I'm out of ideas. Someone please help. I want to give Apple money and it shouldn't be this difficult.

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