How list of Labels gets displayed

I’m a day old user of Nozbe so apologies if this is old ground for folk on here. I couldn’t find an answer with a search. I’ve discovered labels while trying to find out about sub-projects – labels are great. I see a labels button item as in this image: http://nozbe.net/imgblog/nozbe-team-20111130-174048.jpg and when I click on the button I can select a label. However, if I look at the image under ‘Organize tasks in Projects’ in Step 1 of http://www.nozbe.com/tour it looks like all labels can be viewed when a menu item is expanded. This would be my preferred view as unless they’re on display I’ll probably forget to make use of them or it will break my flow. I don’t see a user preference that would toggle this type of view. So, I’m wondering if the expandable item is in an different version? Has it come up as a feature request (I see some posts on a ‘tag cloud’ feature)?