Naming conventions: "State" versus "Status"

IMO:

status == how are you? [good/bad]

state == what are you doing? [resting/working]

It depends on the context

State generally refers to the entire state of an entity - all its values and relationships at a particular point in time (usually, current)

Status is more of a time-point, say, where something is at in a process or workflow - is it dirty (therefore requiring saving), is it complete, is it pending input, etc

I hope that helps you in your decision.