Come on... Shit happens. And it was the first glitch in the App Store after 5 years of operations! They've sold 30 billion apps (and updated probably well over 200 billion).
Well, many, many things suck about the App Store and the submitting process, but they are not that important. This one really ruined a lot of people's holiday, tons and tons of angry and 1-star reviews and if I'm not mistaken, people lost local data. If it was a little more widespread, it could've been a real fiasco.
Minor issue, but the App Store did not launch when the iPhone did. According to someone on wikipedia, the App Store isn't quite 4 years old yet. Still an impressive record if it truly is the first issue they've had.
