Display small color swatches next to the name of each color label in the context menu. It's not easy to remember the difference between Caribbean and Cerulean!
Add color previews next to the text names, please.
It would make the workflow easier when we don't need to remember what color name we've used for this or that group of clips. Some colors are pretty similar, some names are too exotic (though they're customizable, but anyway).
We need more visual diversity in how we can label things with colors. The ambiguity of "Cerulean" vs "Carribean" is frustrating. The addition of a small color swatch next to each color option would help make the label menu more accessible.
Additionally, the ability to create our own custom label colors and save those as a preset within the label menu would be a wonderful feature.