Issue Description: 

v2 removes use of ManagedResourceStatus internally; replacing it instead with a Set of Condition's some of which are reported from the Data Plane for each k8s Custom Resource sub-component and others by the Control Plane.   

Acceptance Criteria:

The Condition's reported by the Data Plane should match the individual sub-components created by the Worker mechanism. Each sub-components' status should be recorded as a Condition.

Out of Scope: 

The Condition's to be set by the Data Plane.