iTunes is now asking me to fill in 3 security questions: http://s19.postimage.org/5jz0q6pr7/apple_sec_ques.jpg
1. How can i still use iTunes store and NOT use these security questions?
Why would i not want to use them? Well, i prefer to use a password only i know, not use insecurity questions like "whats your first car?" It's not hard for a whole bunch of people to know that one. Setting these insecurity questions is just giving anyone that vaguely knows me free and easy assess to my account. I DO NOT WANT THAT!
2. How do i make iTunes stop asking my account password every time i want to play songs, download something, or do basically anything in iTunes? It's really irritating to have to put in my password 50 times a week (and nobody else uses this computer.)
I am not sure if that is what made it work for me but that is what i did as well and i can connect now.
Either that or they are just making some of us wait for two days while they run a security check on our security questions.