Managing your link exchange campaign could be a tedious task. You need to know what a website webmaster you asked for a link answered. Just set the status information and you will know next time when you update the project, what action you need to take.
Let's say you know that the website is a competitor one. Just set the status "Web site belongs to competitor". If someone else will update this project will know not asking for a link from this website and from all the websites belonging to this category.
This is a very important information, so you need to have the right message to your requests. Create your own status or edit the existing ones from the list.