Yes, but to enable this functionality you have to be using the PRO edition. It is absurd to suggest that you'd "...have to select [each extension] individually and click on the status button..." to see users' availability and queue status.
This is not an acceptable solution.
On a related note, I seem to be having issues with the extensions not logging in/out of queues based on extension status (the "Log out from queues" option is UNCHECKED for Available status, and is CHECKED for Away). The extensions have BLF keys for setting status as available or away, but the queue status (when I click on each extension, then the Status button, individually, on the Extensions page of the console) does not always seem to log the user back into the queue when they set themselves as available again.
I cannot seem to find where these events would be recorded so I can see if I am going crazy or if there is a legitimate bug with this.