I like Status Bars, I've put one in my game for now, might delete it later.
Its mostly for testing purposes now.
I would like to put in a Console so I can see a list of Debug.Log messages, not just one line.
With some applications when you get skilled with it, a status bar doesn't provide useful info sometimes.
If the info is something that could change, like inventory items then that's good.
If its just a tool tip style reminding you what button you are on, its good for a while, but then becomes useless.
Maybe there are different types of status messages and some can be turned off.