That kind of depends in general. As Nicholas pointed out, you may end up posting those transient view values back to the server for persisting, which could be ignored or could throw an error or (worse of all) get persisted if you're going fully schemaless (but at that point, you have a pretty big problem with over-trusting).
The other issue you can run into is with a model cache. Personally, I end up cacheing XHR responses, so Profile.get(1) will only incur one $http request per lifecycle, but that means if I store view variables on the profile object, those view variables end up being persisted if you click away and see the same object in a new context.
Personally, I store no view variables on models. What I do, especially if I have to ng-repeat over a list of items where each item has some transient view state information (like expanded or hidden, rather than the model stuff like productId), is define a custom directive for displaying the item. Sometimes, these directives only get used in one place (but I usually end up finding new uses for them). That way, I can pass in the item to display (Profile or Document or whatever) as an '=' scope (usually) assignment, and set view variables in the directive's isolate scope.
It's a little more work, but ultimately leads to a nice separation of concerns with my code.
e