Status Plugin - Tutorial Available?

Hello! I'm intrigued by the Status plugin, and I'm wondering if it would help my less-tech-savvy clients with updates.

I activated it on one of my sites last night to experiment for myself. Perhaps it was because I was up late, but I was having trouble making sense of everything.

My main question is, Can I use Status to create a normal WP post, or does it have to stand outside the loop?

Is there any kind of tutorial available?

Thanks!
Steve