With many employees today working remotely, Outlook needs to have another
option in the calendar besides "Free", "Tentative", "Busy", or "Out of
Office". I want to let people know if I'm not in the office but still
available for consultation or teleconferencing, vs. being completely
unavailable (like on vacation).

(I noticed someone else posted about this a week or two ago, but I wanted to
phrase it as a suggestion so it gets picked up by Microsoft).