AWS certainly operates that way, but even with a third level: green check mark with an info note box. I think I've only seen a "red" AWS status once or twice in the past few years.
Before AWS updated their status page to be a little more usable, I used a Chrome extension to remove green status services from the page. Funny enough, that extension also incremented every status (info check box became warning, warning became red), which was far more accurate in my experience.
Before AWS updated their status page to be a little more usable, I used a Chrome extension to remove green status services from the page. Funny enough, that extension also incremented every status (info check box became warning, warning became red), which was far more accurate in my experience.