I've dug around on the forums a bit, and I haven't found an answer to this question, so if I am repeating something, my apologies.
I'm trying to figure out the difference between Good Standing and Peer (and the flipside, Enemy and Rival). My first instinct is that Good Standing is their opinion of you, and Peer is your opinion of them. But some of the other text seems to contradict that and make it seems it's just different levels of fluffy feelings toward one another.
Any help?