Believe what you will, but the fact is that the log ins were still being slow after they supposedly fixed it. Not only that they wouldn't say why it was down. The minecraft team probably wont own up to an attack to prevent people from freaking out.
Apparently a hacker group known as "The Black Hand" is trying to prevent them from releasing the latest update. They are using DDOS methods. Their target is not minecraft.net itself, but the servers that validate your account and allow you to log into Minecraft and play.
In all honesty though I don't think it is anything to worry about. As they will have it fixed soon.