Upon reflection, couldn’t you use folders or tags to accomplish this? For example, have an “inbox” or “unread” folder, then move a bookmark elsewhere when it is processed? This is probably less clunky than adding and removing a tag.

I would like to use folders to group things into projects. If I were to adopt this approach my home and work links would all be in the same status folder and I’d have to filter them by tag, which is not really ideal.

Also, a status indicator is useful because it is basically a check box, involving one-click interaction, while changing folders involves going into edit mode, selecting a new folder, and saving.

Finally, I’ll just say that for me saving links is never the final step, but usually the first part in a process towards a goal, whether that goal is to do research, shopping, or fix a problem, etc. having status indicators makes such workflows much easier, especially if you can filter your results by status.

Given you can have nested folders, you could still have sub-folders for items that aren’t processed yet. But I understand wanting an alternative :)

+1