From Swapnonil Mukherjee:
Matteo Penzo has published an excellent article about the placement and alignment of labels in data entry forms. His research, though much more scientific and thorough, confirms what I had said earlier, about the importance of right aligning form labels.
In AppFuse 1.9.2, we added support for the CSS Framework and Wufoo-style forms. The new form layout appears to satisfy many of Matteo's suggestions. The only things we aren't doing are: 1) we're using bold labels instead of plain text and 2) we're using labels for drop-downs, instead of making the first element the label. I suppose the bold labels isn't much of an issue b/c we're not using heavy input borders. As for labels and <select> elements, I think the way we're doing things is good enough. If it works for Wufoo, it works for us!