I was wondering about the added value of connecting a label to a control. Next to the fact that this way you can see what control it is connected to when hovering or opening the settings window, is there any?
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Associating a label with a control will help with browser accessibility. By associating the label with a control, the label is what is called an explicit form label. Explicit labels are well supported with screen readers and browsers. By accessibility standards they are the recommended way of labelling form controls over implicit labels or using a control's title attribute.
hope that helps and clarifies the use of associating labels to controls.