Q. I have trouble differentiating between Live Status and Ready Status.

Both Live Status and Ready Status represent the status of, for example, an endpoint, site, or method. While Live Status represents "whether that target is operating properly," Ready Status represents "whether that target is used for DNS response." Both of them take the same value in general because they are linked. However, there are some cases where "Live Status is Up (Operating properly) but Ready Status is Down (Not used for DNS response)," for example, when "Restore Manually" is enabled for endpoints. When "Remove Manually" is enabled, on the other hand, there are cases where "Live Status is Down (Not operating properly) but Ready Status is Up (Used for DNS response)." Also refer to "Traffic Control Statuses."