Mine was inaccessible as it had been hacked and was being used to tell anyone on my address list that I was stranded in England and needed money sent via Western Union immediately! Fortunately another email address of mine was sent this message so I was aware what was going on. Did hotmail block it for some reason or you just can't get in with your password any more? There was a place on their site to request having your password reset. I emailed them, like you have done, and it took several days for them to reply and via that email was able to enter a new apssword (I couldn't do this myself as the hackers ahd changed the password so I had no idea what the current one was). I remember having to provide info as to what mail folders there were, what emails you last recall receiving, etc, so hotmail could verify that I was really the owner of the account who was requesting a reset.
Good Luck!