That the restatement of the observation as "in our current culture, enjoying sex is considered high status, whereas enjoying punishment is considered low status" would contribute to finding the mechanism that causes the observation instead of being the type of word magic Eliezer saw it as, which implies that status mechanisms are part of the of the causal chain.

I interpreted Eliezer's comment as meaning that "high status" and "low status" are approximately synonymous with the things they're being invoked to explain. (Or, at least, that no special motivation was given to expect status to play a role. It's a reasonable heuristic for every social behavior to say, "Look for an explanation involving status" - but that also means it does not explain anything to say that; it's the default assumption.)