In my case, I have a service provider telling me one thing, a user base telling me another, and equipment that isn't say much of anything other than there was an outage. So I think your suggestion would solve a lot of problems. I think it would be nice if the status graphs (the green bars with info on mouseover) could be updated to show that the device in question was rebooted as well, and wasn't simply disconnected. It's great to see a graph of availability, but it's just pretty colors if you have to comb through the event log for any real detail.
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