Passing it through jq's parser, with the most basic option, will make it look nicer (with colors):
user@host:~$ curl -s https://status.github.com/api/status.json |\
jq '.'
{
"status": "good",
"last_updated": "2015-01-21T16:59:01Z"
}
Do some basic selection:
user@host:~$ curl -s https://status.github.com/api/status.json |\
jq '.status'
"good"