Request for advice: Table design

Good morning, list!
I am in the middle of a project and i am just about to decide how to lay out the table(s) for work orders. I had been planning to use one table, but now i'm not so sure that it would be optimal.

The order history will grow with something like 150K-200K rows/year and will have to be saved for ten years.
The total number of active (new+validated+planned+ready_for_invoicing) orders would be something like 5K rows.

I am thinking about two solutions:

1. One table, "orders" with a column named "status". New orders, validated orders, planned orders, ready for invoicing, and old orders, all in one big table. The status column would be updated a number of times for each order.

2. A number of tables, "new_orders", "validated_orders", "order_history" etc... No status column. Order rows would be moved from one table to another. Perhaps i should have only two tables: "orders" and "order_history"?

More tables would mean more indexes (but smaller in size), harder to use/maintain a lot of tables and indexes and triggers and stuff... One table would mean that a lot of inactive orders would slow down access to active rows in the table...

Any suggestions? Real world examples?

/M