If you don't have the resources to build and host your own status page, then you're probably too small for people to care about your status.
It's a matter of priorities. I can spend the time to build and maintain a tool like this or I could spend that time improving our service for our customers. Paying someone else to manage this for us is a complete no-brainer regardless of the size of our customer base.
This kind of comment is a gross simplification of a market, and just shows that you haven't really thought about it much at all.
-1
This is the perfect thing to pay someone else to run for you. I'd gladly pay $50/mo for it.