Replace references to WIP with draft

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The following discussion from !73349 (merged) should be addressed:

• @jiaan started a discussion:

  Question: Will we also rename this component and it's associated state from WIP to draft in a future issue / MR as part of &3879 (closed)?

We have a number of places in the code where comments, variables, method names still refer to work in progress (or some variation thereof) It is a very low priority, low reward task to fix these references, but we should, at the end of &3879 (closed), take a pass through and remove as many as we can find.