MOST of the old status symbols (such as Japanese documentation and instruction and etc) have become publically available on the net itself, free for all. Thus the original status symbols of 25 years prior (which had been status symbols since about 1942, BTW) are now obsolete.
That actually brings to mind stuff I heard about folks who were trying to buy Menkyo Kaiden over the net and worse, the folks that were actually selling them (something like £25,000 could get you a cert of total transmission?!).
As for what are meant by the "status symbols", wow, Xue, there's all kinds of them. For example, everything from (1) the densho, makimono and meijo of any given Japanese ryuha or system. Then there's (2) various technical books on Budo subjects (such as the Daijiten, the Bubishi so on and so forth.) (3) Then of course, there's ownership and possession of actual Japanese swords (tachi, kodachi and etc), polearms (yari and naginata and etc) body armor (roi-kumiuchi and etc) (4) Lesser known awards and award items given by ryuha so on and so forth. MORE POSSIBLE BY FAR THAN EVEN THESE THREE would include historical documents (usually rare texts) written in European languages between 1888 - 1965.
Pretty much symbols of status, but it does go deeper than that. Far deeper. You will not find someone being able to buy Densho, usually they are a family treasure. In fact as far as I know any sort of scrolls of information, weaponry, lesser known awards (which may include some forms of religious jewellery) are all given with Menkyo Kaiden. That is only ever given to one or two select students in a school. There is no way to actually gain copies of the information. To have actually earned the right to possess it in the first place you would already be of a martial mindset that would prohibit you passed that information to any other than whomever you would pass Kaiden to.
Actually yeah, I think I heard about this before from other folks, that there aren't many "status symbols" in the CMA, other than the reputation of the sifu AND also in some cases the reputation of the school/style itself. Which, I got to tell ya, is itself highly respectable (very social really, very nice indeed!)
I can attest to that. When researching modern day heroic martial artists, the name Huo Yuanjia popped up a lot. So I looked him up. Not least of all did I realise that he plays a central role to the plot of Bruce Lee's fist of Fury and Jet Li plays him in Fearless he was actually a renowned fighter. Upset the Japanese quite a bit as well by kicking the snot out of 20 of their best Judoka in a competition or so the story goes.Apparently the guy fought tonnes of people. And then I traced back a bit further and you get all manner of people and things popping up. Chinese martial culture is actually very exciting (from the tiny snippets I've read). Huo Yuanjia established the Jingwu Sports Federation all through sheer reputation of being a great martial artist. He was able to bring people together in an extraordinary way.
Anyways, back on subject. In terms of Dojo conduct (which I should stress nowadays differs from the structure of a feudal lords estate), rank and the true knowledge of that rank (in terms of koryu rank i.e Menkyo system) cannot be brought, only earned. I know this to be a fact. On the flip side, I also know people can be voted up to ludicrously stupid ranks in other ranking systems (10th Dans and all that argument). But now you're stumbling into very shark infested waters. These sharks are commonly known as the 'Budo Police'. I say sharks, they're more like carrion feeders in my personal experience, but there you go.
The major problem is, people nowadays are trying to observe certain titles and traditions that are no longer compatible with todays social setting and changing multiculture. There is also the problem that some people will also pervert and twist certain aspects of a culture just entirely to suit themselves.
Don't get me wrong, I'm quite a firm traditionalist, however, I also observe common sense and a willingness to be proven wrong (I wouldn't enjoy these sorts of threads if I didn't!). Plus, you have to think. No matter how strict you wanna be and no matter how you want to conduct yourslves in your own dojos, nowadays, we're governed a lot more by outside influences from the government. Think in terms of base laws concerning self defense and your rights (something especially grey in British Law unless you look it up), child protection, health and safety the list is endless.
Also you have to look at the fact that in this day and age if you're running a dojo commercially you are at the mercy of your customers. Rank or no, it makes no difference to parents of children who attend and potential customers.
Anyways that's some completely random rubbish having reread it, hope there's some nuggets in there that's relevant.