Currently, if one wishes to change the label for an external drive, say for example a simple USB Flash Drive, they must following this:
https://help.ubuntu.com/community/RenameUSBDrive
It would be better if such a simple task did not require extensive command-line usage...
A very easy, and quite intuitive way, would be to allow the user to select the drive in nautilus' My Computer window, and rename it from there.
Finding the filesystem type and using the appropriate command could then be executed in the background (read seemlessly), by the OS, or some handler application.
This helps the user in quickly identifying his external drives, either in his personal PC or elsewhere, as opposed to just selecting mount points with serial numbers, which would only work locally on his own computer.