Abstract: A novel CATV signal distribution system includes a head end, a plurality of taps, lines including a coaxial line connecting the head end with the taps, and at least one signal amplifier in the coaxial line, the amplifier for producing output signals within a prescribed range of operating parameters. The novel system includes a local status monitor operatively connected to and in close proximity with one or more of the amplifiers in the system. Each status monitor is adjusted to produce a status signal that is visually, aurally or otherwise detectable by service personnel in the vicinity of the amplifier when the amplifier malfunctions. A novel local status monitor circuit for use in the novel system is also disclosed.