This problems appear to occur possibly due to:

1. The time/date are wrong
2. Port 5228 needs to be opened (needed for gtalk) (I highly doubt it but people appear to solve the issue by this)
3. Go to Settings \ Applications \ Manage Applications \ Market \ Uninstall updates (and also clear the cache!)
4. Google, wait some time, day or two, Google's Market is known to have long offline/problematic times
5. Force close of vending/market/gtalk, open with the browser a few sites, open the market again
6. Go to Settings \ Knowledge Manager \ Knowledge Delivery \ Knowledge enabled - and activate the checkbox
7. Disable 3G / WiFi and restart WiFi/ 3G

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