Point labels available with PV 5.7?

A couple of months ago I was discussing with customers for the first time about a possible “point labels” feature. The idea is to have text labels “attached” to the points of a dataset, like it is possible to attach glyphs, but “2d” of course so they are always readable.

I was told that there is a chance that such a feature would be somehow realized in version 5.7 - and now I wonder if it is the case, and if yes: where is it? So far I could not find it in the RC2!

This is doable only with selection atm.

Something along these lines may come for 5.8.