I create mine either in MS Word or at www.winelabelsdirect.com, then print on "removeable" wine labels from www.onlinelabels.com. The removeable have work out great so far and make bottle cleaning a breeze.
The first was a WE Chocolate Raspberry Port, a friend gave me a bottle he had made and after homebrewing for a couple of years thought we would give it a try. It turned out very well and we are now hooked.