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+1 but I stick with the white ones, I have more color options that way. I use the 3/4" labels, 24 on a 4"x6" sheet. I using 8 point font I can fit four lines on there, batch #, name, date, and abv. They do peel off okay if you're looking to then submit a couple of bottles to competition.
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i use the avery 1"x2 5/8' address white labels. it allows me to put the name/batch number, ibu, srm, av and date bottled.
the labels come pretty easy after soak in hot water or PBW
i have yet to do a "fancy" label, but i think i will start that in the future for gifts.