I am asking because, simply put, I don't. Sure, they have a lot of functionality. But what I would really like to do is to be able to tag text on the fly rather than have to prepare a label palette and pick from several options every time. In essence, I would prefer to do what clippings allows us to do but within rather than outside of the resource itself. Ideally, I would love to see a tag option from the context menu which we could apply to any object that can be selected. The user could then either enter a new tag or use a preexisting one from a searchable list (which I would prefer to a populating list with their delays). Of course, the purpose of tagging would be to be able to retrieve the tagged texts through searches and/or filters. Wonderland would if "tags" could become one of the indices the Concordance Tool queries.
So I guess I am throwing the question out there. I am sure there are labels fans. I am not saying that labels should be eliminated. I am just wondering if there are others like me who don't find them that convenient to use but would actually have much use for a simpler yet effective tagging system.