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Those statsuses correspond to the statuses you create within the admin section for each Channel you use. If you modfiy the Channel, the drop-down will be modified as well.
As Jeff replied, those are just Progression Status defined for a Channel.
Go to Admin -> Tags -> Channel -> double click on a one channel. You'll see the default Status.
I think the Foundation Workshop had an explanation.
It's better not to change the default Channel but to clone it and edit that.