No it doesn't mean that. The behavior of the systray icon stays the same. So in case a shield is turned off user will be notified by yellow mark on the systray icon, then UI opens with details why it's yellow. And with an option to ignore such warning.
Surely that was the point of the status monitoring, to allow the user to disable notification on certain components in advance of any warning. Previously I believe the Behaviour Shield status monitoring option was off by default, how then would we know if an option was disabled for a shield ?
I had also unchecked the Program Update status monitoring option in this current beta session as I had many BSODs on one of the beta builds and decided to drop back to the last stable beta.
So are you saying that once you get the warning for the first time you can elect to ignore that for all time ?
If so how would the user reverse and temporary use of the status monitoring option in the past.
Or are you going to have to ignore it every time, which doesn't seem very intuitive to me.