Another thing that I heard about, and I did look at the links, but didn't see it....but this is SOOO very cool!!
Take a ribbon as wide as you want the label to be, and then as long as you want it to be, but add enough to turn under so you can seam it on to your project.
Then...print out your own label on iron on transfer paper, iron on to the ribbon and voila you have a label!!!