[Update][8:52 AM PST on 12/10/07]
The issues have been resolved. Thank you for your patience.
Residents are currently experiencing a range of in-world problems at present. These include difficulties in teleporting, L$ balances not loading, inability to log in, group failures, map not loading.
We apologise for the effect this is having on your experience of using Second Life today. Our technical colleagues are working to resolve these difficulties and we will keep you updated here on the blog on the status of this.
Thank you for your patience in the meantime.