FTS means flight termination system. Meaning the thing that blows it up if it goes off course and is going to crash into people. They were saying "safed" not "saved", meaning, no longer armed.
FTS is the flight termination system. I believe that is a self destruct mechanism in case things go very wrong. They arm it before liftoff and disable it after it's well over the ocean.
I'm guessing they don't show it live because if something went wrong, they'd like to figure out why before releasing the video, like last time. Instead of just having a failure without the known cause...
It's about managing expectations. The landings are part of an experimental R&D program, they don't necessarily need constant coverage all the time, though it is exciting to follow the progress.
Edit: Apparently it's not what I hoped, http://www.reddit.com/r/spacex/comments/2swnth/how_well_does...
'saved' and 'safed' are pretty similar on stream...