1. A condition management system for use with a processor employing a hierarchical register consolidation structure, comprising: a condition management structure configured to abstract groups of status indicators associated with said hierarchical register consolidation structure into a tree of hierarchical container objects and element objects, each of said container objects associated with at least one of said element objects and linked to a single parent object, each of said element objects configured to represent at least one of said status indicators and linked to a single child object; an abstraction retrieval subsystem configured to employ said condition management structure to traverse said hierarchical register consolidation structure to determine a condition of at least one of said status indicators; and an abstraction management subsystem configured to employ said condition management structure to control a propagation of selected ones of said status indicators through said hierarchical register consolidation structure.