My Default text style is set to left-align - however, each time I generate a label (either by checking the label checkbox in the field selector, dragging a field via the tool bar or doing the same via the Field Picker), the label is right-aligned and the style is marked in red to indicate that it doesn't correspond with the style setting. Is this a bug or an intended feature?
Field labels are always set to right-aligned. When the field label is selected in the Inspector, it will show the style as Default with an asterisk and red down arrow icon. This allows you to save right-aligned styles (if needed).