the T & C already had the location stuff, just that the Cupertino folks moved it up to make it clear that they may do it at any time.

TS apparently wants to start a US account, since all the best & coolest stuff is there.

@ shdwkllr,
some links provided here, for you to get the iTunes Store account. bear in mind, Apple has made it clear that they may start tracking at any time, and they reserve the right to deny service to foreign customers (like some people here) at any time.
my advice, don't keep too much cash in the store account...