Cocoa Bindings - NSTableView - Swapping Values

Is an NSValueTransform subclass a good choice for displaying Core Data attributes into UI views displaying:

1. A number string like (0,1,2,3,etc) into a string such as (Pending, Completed, Frozen, In progress, etc)
2. A number string like (0,1) into a app-based image (red.png if 0, green.png if 1)

Here's what Core Data displays for the two attributes, timer and status:

Here is what I want to be displayed instead, without changing the values in Core Data:

If not to use NSValueTransformer, in what other way is this possible?

I do not want to see the data permanently converted, only for the benefit of less data stored in Core Data and better UI view items.

I have also tried to modify the attributes in the managed object class (with out KVO notification) with no luck.

I ended up using what at first appeared to be blocking the display of different info in those cells, using:

#pragma mark - Table View Delegate

- (NSView *)tableView:(NSTableView *)tableView viewForTableColumn:(NSTableColumn *)tableColumn row:(NSInteger)row
{
    /*  tableColumn = (string) @"AutomaticTableColumnIdentifier.0"
                row = (int)    0          */
    NSString *identifier = [tableColumn identifier];
    NSTableCellView *cellView = [tableView makeViewWithIdentifier:identifier owner:self];

    NSManagedObject *item = [self.itemArrayController.arrangedObjects objectAtIndex:row];

    if ([identifier isEqualToString:@"AutomaticTableColumnIdentifier.0"]) {
        /*  subviews returns array with  0 = Image View &
                                         1 = Text Field      */
        /*  First, set the correct timer image  */
        ...  logic  ...
        NSImageView *theImage = (NSImageView *)[[cellView subviews] objectAtIndex:0];
        theImage.image = [NSImage imageNamed:@"green.gif"];

        /*  Second, display the desired status  */
        NSTextField *theTextField = (NSTextField *)[[result subviews] objectAtIndex:1];
        ...  logic  ...
        theTextField.stringValue = @"Pending";
    }

    return cellView;
}

Apple's documentation states (somewhere) that bindings with an Array Controller can work in combination with manually populating the table view cells. It seems best and easiest to start with bindings and then refine display values manually.