Well, we usually use our regular paper in an ink jet printer. We use gluestick to apply them. Definintely not sophisticated. Recently I printed some labels on our expensive color copier/printer here at work. (we do advertising, video and graphic design) I'll be printing my labels here from now on.
Bottle wise, I use whatever I can find. I've bought a few cases of new bottles. I've consumed and used New Belgium bottles, Sam Adams, Schlafly (St Louis brewery) Bass, Harp, just about any non twist off I can get my hands on. I avoid Corona/Rolling Rock type bottles where the label is actually painted on the bottle. And even though I love the shape of Guiness bottles, they suck for labeling.