Feature summary:
A way to filter the table at Special:EditWatchlist to show only those items with a given set of labels, or with no label at all.
Use case(s):
When labelling items, it's useful to be able to quickly view items that are not yet labelled, or that have been given a particular label (or set of labels).
Benefits:
Adding labels will be easier.
Other info:
This was requested on mw:Help talk:Watchlist labels.