Although I do like and enjoy using iTunes, I'm not a fan of the new Ping service that Apple has embedded into it.
Is it possible to disable the Ping link under "Store", the Ping sidebar, and the Ping buttons next to each song? If so, how?
In iTunes 10.1, there’s a setting for that:
Additionally you can set a parental control that also disables Ping.
You can also restore the old arrow functionality
I also suggest the following:
restart when done.
If you dont like playing with the command line, I advise you to install Secret.
With this Preferences pane, you'll have access to hidden settings for a lot of applications (from Apple and third parties).
Then, all you have to do is go to the iTunes section and search for "Ping", like so:
If you know your way around Terminal.app, here are the commands: