Same experience. I wanted to show off my stuff around or before 2pm today PST and the host was totally not available.
It seemed like dreamhost.com/status.html, panel.dreamhost.com, and my sites (on morpheus) were down. The static dreamhost.com front page was up.
I know that some other servers were running fine.
Dreamhoststatus.com is not up to date at the moment.
UPDATE: dreamhoststatus.com is up to date, now with some status info.