It makes sense to me that once you have an epp at or above the cut off quality that it gets marked as un-monitored. This would give you a visual indication that this epp is done and no higher quality epp will be grabbed.
I did a quick search and can not see a card on this.
Seems like we should have another visible indicator that the episode is at the highest quality for that profile, it seems odd to hack the monitored status for this use.