Can I use the same iTunes account on all my devices? I've heard a lot of conflicting information about how many devices/computers can share an iTunes account.  What are the actual limits, and are devices distinguished from computers?

My current configuration is (all using the same iTunes account):


One Windows computer with iTunes
One iPad
One iPhone
One Apple TV


I want to add:


Another, separate Windows account (on the same computer), that will use a separate install of iTunes
Two more iPhones
Another iPad


I'd like everything to share the same iTunes account - is this possible?
This is what the official Apple documentation says:

Your Apple ID can have up to 10 devices and computers (combined)
associated with it. Each computer must also be authorized using the
same Apple ID. Once a device or computer is associated with your Apple
ID, you cannot associate that device or computer with another Apple ID
for 90 days. You can view which devices or computers are currently
associated, remove unused devices or computers, and see how long
before they can be associated with a different Apple ID from the
Account Information page in iTunes on your computer.
Last Modified: November 14, 2011