I don't use labels in plan sets because I always print using screen colors and there does not seem to be any way to override the color of the labels.. I draw in monochrome (colors drive me nuts in white backgrounds). Besides, with lineweights displayed, I have full sight over how something will look before i even print. So i have drawing my own Labels at the drawing level. Not what I preferred, but I have been doing so for years now.
Am I missing anything? I would love to use Labels but i wanted be sure that I am not missing a setting to change the color to black if I wish for it. Otherwise, I think its an oversight.