What is the Difference Between "Disabled" and "Paused" for Adwords Ads?

A WebmasterWorld member asks if there is a difference between AdWords campaigns that are marked as "Paused" or as "Disabled" in the API.

Is there any difference between status 'Disabled' and 'Paused' besides that paused ads are still visible in the account interface while disabled ads aren't?

He follows up a day later to say that a Disabled campaign is pretty much a Paused campaign that is no longer visible in his account:

I mailed my question to Adwords API Support and just got the answer. Basically the support guy says that I'm right 'that that's the only discernible difference.'

So, disabled = paused + not visible in account.

Google's AdWordsAdvisor confirms that this is indeed the case:

You (and the support guy) are correct.

Discussion continues at WebmasterWorld.