In the store we are running (Satchmo pre0.9), we found useful to have a admin action make_active/inactive in the admin product list view.
It allows us to active/deactive a list of products.
The patch is very small, however for our store we registered our own ProductOptions admin class with all the customizations, so I haven't actually tested that patch.
This is also related to
#928 Admin product list_display minor changes