This issue brings up the question of what labels are, and how they are intended to be used.
Two ways of labeling come to mind: those intended primarily to benefit the owners of a document, and those that benefit the users.
The first sort are used extensively in access-control settings, to apply specific rights requirements or classifications to documents, thus designating the classes of users who can access the documents for various purposes. They may thus be thought of as properties of a document itself, and applying or removing them is properly under the control of the document's owners, since changing them is effectively changing the document itself. This mode of labeling is relatively rare in practice, except in military and other government applications in organizations characterized by centralized, hierarchical control, and its main characteristic is that the labels carry the authority of the documents' custodians.
Much more popular today are the second sort, probably because any given document typically has many more users than owners or custodians. They are generally called "tags", and exist so that users can make associations, meaningful to themselves, of documents to concepts or categories, primarily for the purpose of finding them quickly, or reminding them of their content or their opinion of them, without having to open and read them.
A general model encompassing both types is a very simple one: in both cases, a document D is associated with a label L by party P. The first type has controls built in to support the assumption that P has some authority granted to it by the custodians of D regarding L; the second (as used by del.icio.us et al.) only supports the assumption that all associations of labels and documents are identified as to the party that made them.
Thus the first can be expressed as a specialization of the second, so that building the second, which supports the more popular usage, will also be a major step toward the first.
To get concrete, then: The one thing currently missing from the labeling system that would be required for either case is the identification of the labeler. With this, you get not only "what labels are associated with this content?" but also "according to whom?". This, then, requires no controls on the posting of labels, and transfers control to the viewing side, where labels not placed by parties trusted by the viewer can be ignored at the viewer's discretion.
This plus private labels (currently identified by prefixing with "my:") can be robustly implemented by means of user preferences specifying users and/or groups whose labels are to be regarded (or ignored) by default, and also users and/or groups by whom the user's own labels may be viewed. Both categories could also characterize the affected labels by value or regular expression or (if labels are really made robust) by XQuery expressions (see CONF-8629).
Thank you for raising this issue. While I can see how this feature would be useful, we have no plans to implement it in the foreseeable future. In order to set expectations, we're closing this request now. Thanks again for your idea.