Charlie:
I vote for the Brother P-Touch as well. You can buy several widths and color tape and the machine provides several fonts; with or without borders. It is so versatile that it actually becomes fun to use.
When I got my first one I went nuts after labeling all if my operating desk cables. I put small labels on all the house receptacle/switch plates with the breaker number that feeds them!
The P-Touch label tape backing is easy to remove.
The only downside is that the P-Touch wastes a lot of expensive tape....like your inkjet printer wastes ink.
Al