It's a DNS issue. I think Apple's servers are being hammered and some IP addresses do better than others. So you need to temporarily change your IP address by editing the DNS. If you are on Mac OS X then ...
(NB: always save and make a full backup before changing anything!!!)
1. open system preferences
2. go to network
3. go to wifi or ethernet (however you are connecting to the internet)
4. go to the DNS tab
5. make a note of your current DNS so you can add it back again in case you lose it
6. click the + to add a DNS
7. add 8.8.8.8 (this is a Google DNS which should be higher priority)
8. be sure to apply
9. be sure to close the system preferences window
10. try to get the update again through iTunes
This worked for me.
If you are on Windows or any other OS then just look up how to add a DNS to your host file.