Edwin,
Thanks for mentioning the Bohr postcard. I had never actually seen the image until your comment provoked me to search for it.
I would assert that QM is not about ontology at all. It is not describing what exists in "being", but only the statistics of a threshold-based energy-detection, of the things in being. So if you draw a vertical threshold line, down the middle of the "B-field on" image, you create the two states. But at the top and bottom of the image, those two states blur together and it becomes impossible to correctly distinguish between them. That is the problem with all Bell tests, that I noted in my comment above. When you examine a "coin" face-on, it is easy to correctly "call it". But not when you examine it "edge-on." The actual ontology of a coin is that it is what is is - not what you observe. Thus, a polarized coin is in the ontological state of merely being polarized; it is not polarized either "up" or "down" - the latter are merely the result of "observing" the polarization, with a detector that measures a different energy in the "polarization", as a function of the angle between the coin's axis and the axis of the detector - and then introducing a threshold to "call it" one state or the other - or "none of the above", in the event that there is not enough energy to ever reliably detect the object at all, as when it is nearly edge-on and thus "too close to call."
In this context, it is useful to bear in mind, that QM got its start, when it was first observed that the photoelectric-effect behaved just as if an energy threshold exists.
Rob McEachern