The servers seem to be working a lot better on the second day of the promotion, however I think I got ripped off on getting credit for watching three webcasts from the first night of this promotion.
On my status page, I have about seven webcasts listed, with only the most recent ones from last night and this morning considered "completed" and the first three still listed as "pending."
The good news is that the site claims I have qualified to receive Office Professional. I'll let you know whether it takes 6-8 weeks or sooner to get Office Professional, or whether there's some other setback.