I mark a question as favorite when I feel it's important for me to keep it for future reference, and stay informed of the updates/new content.
So, if it gets closed, probably I want to vote for reopen. Or if it gets deleted, I want to keep a local copy just in case.
So, is there any notification about the status change for my favorites (such as when the content is modified)? If the answer is no ... Could it be implemented?