Unable to connect. "Err=10"

Cronjob

Pre-Searing Cadet

Join Date: Apr 2005

I've been trying to connect for hours now and all I get is, after slecting Role Playing Character:

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Guild Wars was unable to complete the operation.
Please try again in a few minutes. (Err=10)
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I purchased the game online through PlayNC.com TCP on port 6112 is opened.

Since there's no official forums and no statement from GuildWars on their site, I have no idea if this is a known problem, just too many people trying to connect today, overloaded servers, an account problem, a network problem or what. Would be nice to know what needs to be done to play.