It should be back soon.
You sound like you have insider knowledge.
These outages should not affect multiple stores at once. This is a design flaw. There should be more redundancy in place, and I trust this will improve over time.
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Puh-leaze! Have you seen Mossberg, Dalrymple, and Gruber complaining about Apple apps before? And Apple already has a spotty reputation when it comes to web services.
That shiny profit Tim's so proud of is due, in large part, to Apple's reputation for making products "that just work". For some unknowable reason (at least to those outside Apple), he's squandering that reputation.
Apple is managing so much more complexity these days. It's understandable that it's a tough chore to manage everything, especially when the briefest problem is broadcast across the internets in seconds!
I do agree that Apple needs to be doing an even better job, but I also think it's important to realize that their job is 1000x more difficult than it was 10 years ago.