VTR Status Box.
This box tells you what the current status of the VTR is or what the last button pressed was. If the box displays ready then the VTR is all set for you to use. Also, when you are doing multi-task VTR controls, like loop play or assemble record, this box will keep you up to date on the current part of the VTR task that is being executed. e.g.. If you clicked on loop play, it would first display "cue to in." Next it would display, "play to xx:xx:xx:xx," and so on.